1. (6 points) Dilley Clinic uses patient-visits as its measure of activity. During November, the clinic budgeted for 3,100 patient-visits, but its actual level of activity was 3,500 patient- 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: Revenue Fixed element per month Variable element per customer $ 31.40 $ 28,000 $8.50 $ 800 $ 5.30 $ 7,400 $ 0.90 $2,900 $ 0.30 Personnel expenses Medical supplies Occupancy expenses Administrative expenses Actual results for November: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $19,360 $ 109,940 $ 57,830 $ 10,110 $ 3,920 Required: Prepare a report showing the clinic's revenue and spending variances for November. Label each variance as favorable (F) or unfavorable (U).