Question: t 3 Chapters 9 & 10 6 Help Save & Ext S Tennies Clinic uses client-visits as its measure of activity. During November, the clinic

 t 3 Chapters 9 & 10 6 Help Save & Ext
S Tennies Clinic uses client-visits as its measure of activity. During November,
the clinic budgeted for 4,050 client-visits, but its actual level of activity

t 3 Chapters 9 & 10 6 Help Save & Ext S Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,050 client-visits, but its actual level of activity was 4,040 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed variable element element per per month client-visit $36.90 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses $31,000 1,950 9,100 7,400 $ 49, 450 $11.90 7.30 3.40 0.30 $22.90 Actual results for November: 149,450 $22.90 Actual results for November: Revenue $149, 278 Personnel expenses $ 79,037 Medical supplies $ 32,277 Occupancy expenses $ 22,341 Administrative expenses $ 8,372 The spending variance for medical supplies in November would be closest to: Multiple Choice $835 F $762 U The spending variance for medical supplies in November would be closest to: 6:os Multiple Choice $835 F $762 u $835 $762 F

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!