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Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140
Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:
Data used in budgeting:
Fixed element per month | Variable element per client-visit | |
Revenue | $44.50 | |
Personnel expenses | $26,100 | $12.60 |
Medical supplies | 600 | 7.20 |
Occupancy expenses | 6,500 | 2.40 |
Administrative expenses | 3,100 | .10 |
Total expenses | $36,300 | $22.30 |
Actual results for September:
Revenue | $93,240 |
Personnel expenses | $50,754 |
Medical supplies | $15,328 |
Occupancy expenses | $11,646 |
Administrative expenses | $3,394 |
The revenue variance for September would be closest to:
Group of answer choices
$210 F
$1,990 U
$210 U
$1,990 F
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