Question 8 1.5 points Save Answer Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 5,200 client-visits, but its actual level of activity was 5,220 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting: Revenue Fixed element per month Variable element per client-visit $0 $37.20 Personnel expenses $ 29,200 $13.20 Medical supplies 1,500 7.20 Occupancy expenses 10,200 1.00 Administrative expenses 6,700 Total expenses $ 47,600 0.30 $21.70 Actual results for January: Revenue $ 150,200 Personnel expenses $ 70,080 Medical supplies $ 20,224 $ 14,090 Occupancy expenses Administrative expenses $ 7,570 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for January would be closest to: $4,926 F $4,926 U $5,236 F $5,236 U