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 element per month			Variable element per client-visit
Revenue		-		$	36.00
Personnel expenses	$	28,000		$	12.00
Medical supplies		2,000			6.00
Occupancy expenses		11,000			1.00
Administrative expenses		7,000			0.10
Total expenses	$	48,000		$	19.10

Actual results for January:

Revenue	$	124,750
Personnel expenses	$	70,500
Medical supplies	$	21,050
Occupancy expenses	$	14,000
Administrative expenses	$	7,850

The activity variance for net operating income in January would be closest to:

Multiple Choice

$338 F

$338 U

$8,250 U

$8,250 F