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HIA220 Los Reyes (B) Case Assignment (2-3 Pages) with an exhibit Read through the Los Reyes Case B assignment. You are a consulting firm that Dr. Delgado has employed to complete her variance...

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HIA220 Los Reyes (B) Case Assignment (2-3 Pages) with an exhibit Read through the Los Reyes Case B assignment. You are a consulting firm that Dr. Delgado has employed to complete her variance analysis, and to better understand the divergence from her budget. Not only does she require help on the analysis, but she also needs you to provide recommendations. Recommended Outline: 1. Purpose of this report: Provide the context of the report / background, the crucial differences in costs and expenses from the budget vs actual (ie: surplus). 2. Outline the factors that you suspect can be attributed to the Variance to be Explained, by comparing the budget vs Actual, and by utilizing the work that Dr. Delgado has already completed. 3. Go through each factor in your variance analysis and provide recommendations, if any, to remedy your findings. How, if at all, might this information be used by Dr. Delgado in managing the department? How might it be used by the hospital’s administration? What other information concerning cases, costs, and revenues would you suggest Dr. Delgado see on a regular basis? How might your answer be affected by the hospital’s decision about the types of responsibility centers in its management control system? 4. Provide an Exhibit / Graph / Visual representing your variance analysis. Example Below (Fake Numbers):
losreyesbcase-xie1daiy.pdf losreyesbassignment-3jjquukm.pdf
Answered Same Day Mar 06, 2022

Solution

Tanmoy answered on Mar 07 2022
103 Votes
Sheet1
    
        Particulars    Original Budget    Actual Budget    Variances    Variance %
        Overall Budget
        Total Revenue    3750000    3850000    100000    3%
        Contribution    2024250    1859625    -164625    -8%
        Total Fixed Expenses    1950600    1985100    34500    2%
        Surplus    73650    -125475    -51825    -70%
Sheet1
    
Total...
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