Chapter 9 quiz i Saved Help Save & Exit Submit Spohn Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 7 3,370 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for February: Fixed Element Variable element per Month per client-visit Revenue $ 0 $28 . 10 Personnel expenses $26, 100 $ 7.70 Medical supplies 900 5 . 10 Occupancy expenses 5, 600 0.80 Administrative expenses 4 , 300 0. 40 Total expenses $36, 900 $14. 00 The net operating income in the planning budget for February would be closest to: Multiple Choice $11,862 O $11,653 $11,040 $10,617