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2. 3. please answer all questions completely using multiple choice. Help Save & E Groupe Air uses two measures of activity, flights and passengers, in
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please answer all questions completely using multiple choice.
Help Save & E Groupe Air uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. The cost Formula for plane operating costs is $36,270 per month plus $2,064 per flight plus $1 per passenger. The company expected its activity in October to be 87 flights and 237 passengers, but the actual activity was 86 flights and 242 passengers. The actual cost for plane operating costs in October was $211,010. The activity variance for plane operating costs in October would be closest to: Multiple Choice Multiple Choice o $ 2059 $5.065 $2,059 F $5.065 U Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 4,500 client-visits, but its actual level of activity was 4.480 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: Fixed Variable element element per per month client-visit $36.50 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses $28,500 1,400 10,400 7,500 $47,800 $12.50 6.50 1.00 0.10 $20.10 Actual results for January Actual results for January: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $129,000 $ 70,010 $ 21,010 $ 13,180 $ 7,430 The activity variance for net operating income in January would be closest to: Multiple Choice $328 U $328 F $8.630 U $8.630 F Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 4,000 client-visits, but its actual level of activity was 3,980 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. Fixed Variable element element per per month client-visit $36.00 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses $28,000 2,000 11,000 7,000 $48,000 $12.00 6.00 1.00 0.10 $19.10 Actual results for January Actual results for January Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $124,750 $ 70,500 $ 21,050 $ 14,000 $ 7,850 The overall revenue and spending variance (.e.. the variance for net operating income in the revenue and spending variance column flexible budget performance report) for January would be closest to Multiple Choice O $7,912 F $8,250 U $7.912 U $8.250 FStep by Step Solution
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