Adeyemo Clinic uses patient-visits as its measure of activity. During July, the clinic budgeted for 2,500 patient-visits, but its actual level of activity was 2,800 patient-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:

Actual results for July:

Prepare the clinic's flexible budget performance report for July. Label each variance as favorable (F) or unfavorable (U). All five columns.

Fixed element per month Revenue.......... Personnel expenses .......... Medical supplies ................. Occupancy expenses ....... Administrative expenses ...... Variable element per patient-visit $70.10 $22.70 $12.80 $3.00 $0.40 $37,900 $1,900 $12,200 $8,000 Revenue...... Personnel expenses ............. Medical supplies .............. Occupancy expenses ............ Administrative expenses ...... $188,210 $103,740 $38,440 $20,500 $8,780