Question: The Saint Lucia Blood Bank, a private charity partly supported by government grants, is located on the Caribbe

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Question:
The Saint Lucia Blood Bank, a private charity partly supported
by government grants, is located on the Caribbean island of Saint
Lucia. The blood bank has just finished its operations for
September, which was a very busy month due to a powerful hurricane
that hit neighboring islands causing many injuries. The hurricane
largely bypassed Saint Lucia, but residents of Saint Lucia
willingly donated their blood to help people on other islands. As a
consequence, the blood bank collected and processed over 20% more
blood than had been originally planned for the month. A report
prepared by a government official comparing actual costs to
budgeted costs for the blood bank appears below. Continued support
from the government depends on the blood bank’s ability to
demonstrate control over its costs. Saint Lucia Blood Bank Cost
Control Report For the Month Ended September 30 Actual Results
Planning Budget Variances Liters of blood collected 580 460 Medical
supplies $ 7,590 $ 6,210 $ 1,380 U Lab tests 5,060 4,876 184 U
Equipment depreciation 3,220 2,900 320 U Rent 1,200 1,200 0
Utilities 678 600 78 U Administration 11,768 11,258 510 U Total
expense $ 29,516 $ 27,044 $ 2,472 U The managing director of the
blood bank was very unhappy with this report, claiming that his
costs were higher than expected due to the emergency on the
neighboring islands. He also pointed out that the additional costs
had been fully covered by payments from grateful recipients on the
other islands. The government official who prepared the report
countered that all of the figures had been submitted by the blood
bank to the government; he was just pointing out that actual costs
were a lot higher than promised in the budget. The following cost
formulas were used to construct the planning budget: Cost Formulas
Medical supplies $13.50q Lab tests $10.60q Equipment depreciation
$2,900 Rent $1,200 Utilities $600 Administration $10,200 + $2.30q
Required: 1.Complete the flexible budget performance report for
September. (Indicate the effect of each variance by selecting "F"
for favorable, "U" for unfavorable, and "None" for no effect (i.e.,
zero variance). Input all amounts as positive values.)