Question

8. Part of preparing a medical office budget is to regularly compare your practice’s actual finances with your budget. Assess the information in the table below:
a. Determine the variance for each month.

b. For each month, was the practice “Underbudget” or “Overbudget”?

Month Budget Actual Variance Underbudget or Overbudget

January 2,355,872 1,790,929 Type answer here

Type answer here

February 2,654,031 2,827,606 Type answer here

Type answer here

March 2,239,980 2,924,180 Type answer here

Type answer here

April 3,350,156 3,867,270 Type answer here

Type answer here

May 2,404,480 2,413,107 Type answer here

Type answer here

June 2,307,708 2,220,000 Type answer here

Type answer here

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Answer 1

B I hope this helps you your welcome hope it helps