A hospital manager budgeted $100,000 for monthly nursing expenses in the hospital's well-baby clinic. The manager expected that the clinic would treat $5000 babies and pay its nurses $40 per hour. Instead, the clinic treated 6000 babies and used 3200 hours of nursing time at $37.50 an hour. Calculate the total, quantity, price, and volume variances for nursing expenses during the month. Briefly explain your answer.© BrainMass Inc. brainmass.com June 4, 2020, 2:06 am ad1c9bdddf
The quantity variance for the nursing expenses is unfavorable as the actual number of hours ...
This solution contains step-by-step calculations to determine the total, quantity, price, and volume variances for nursing expenses during the month.