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6 03455 Kiron Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 4.250 client-visits, but its actual level of activity

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6 03455 Kiron Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 4.250 client-visits, but its actual level of activity was 4,300 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed element per Variable element month per client-visit Revenue $ 41.10 Personnel expenses $ 37,100 $ 12.30 Medical supplies 3,100 9.10 Occupancy expenses 8,300 3.10 Administrative expenses 7.100 0.40 Total expenses 5 55,600 $ 24.90 $0 The static budget variance for net operating income in July would be closest to: Multiple Choice $60 U $810 F $60 F $810 U

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