Variance Analysis

You are the manager of a variable hospital department and you just received your monthly budget results that state your salaries were higher and your supplies were lower than budgeted. Write a paper (1,000-1,200 words) that explains what factors you should consider when writing your variance report to your vice president. Your vice president expects her managers to write detailed variance reports that include all possibilities.

 

Include the relationships between variance reporting, interpreting variance report results, and actual results of performance.

 

Prepare this assignment according to the guidelines found in the GCU Style Guide, located in the Student Success Center.

 

This assignment uses a rubric. Please review the rubric prior to beginning the assignment to become familiar with the expectations for successful completion.

 

You are required to submit this assignment to Turnitin. Please refer to the directions in the Student Success Center.