Question Details

Problem 1: What dollar amount of the total variance is attributed to Enrollment Variance?

No variance found from the side of Enrollment.
Since 42000 -42000 = 0 variance
Problem 2: What dollar effect did the increased admission rate have on cost?
It is been increased with 0.025 of admission rate. Since [0.070 - 0.095]
Problem 3: The intensity of care delivered dropped from a budgeted case mix of 0.90 to an actual case mix of 0.85. What dollar effect did this have on actual costs?

Variance = 0.90 - 0.85 = 0.15 of Favorable effect on Actual cost
Problem 4: Costs per case increased to $4,900 from a budgeted value of $4,750. This increased actual total costs by what amount?
This was increase by 4750 -4900 = $150 Favorable