You are the administrator of a community hospital that provides inpatient and outpatient services. Your budget anticipates 30,000 inpatient days this year at $650 revenue per day. Inpatient expenses budgeted at $600 per day Anticipated 10,000 outpatient visits this year at $400 revenue per visits Outpatient expenses budgeted at $380 per visit Actual results: 27,000 inpatient days achieved $650 revenue per day achieved 110 percent of outpatient visits achieved $400 revenue per visits achieved Actual inpatient expenses amount to $16,100,000 and outpatient expenses are $4,000,000 Compare your TOTAL expected budget to TOTAL actual results or performance (calculate budget variances) for ALL hospital services. HINT: you may want to calculate total revenue less expenses for each category…