Lauser Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,700 client-visits, but its actual level of activity was 3,690 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July:
Data used in budgeting
Fixed element per month variable element per client-visit
Revenue - $26,80
Personal expenses $21,800 $8,90
Medical supplies 1,300 4.20
Occupancy expenses 7,300 1.40
Administrative expenses 3,600 0,10
Total expenses $34,000 $14.60
Actual results for July:
Revenue $103,702
Personnel expenses $ 52,341
Medical supplies $ 17,088
Occupancy expenses $12.956
Administrative expenses $ 4,149
The personnel expenses in the planning budget for July would be closest to:
Answer
a. $54,730
b. $54,641
c. $52,341
d. $52,483