Buonocore Clinic uses client-visits as its measure of activity. During August, the clinic budgeted for 2,800 client-visits, but its actual level of activity was 2,770 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting: Fixed element per month Variable element per client-visit

Revenue - $46.20

Personnel expenses $31,800 $15.60

Medical supplies 1,800 6.10

Occupancy expenses 7,600 1.90

Administrative expenses 5,900 0.40

Total expenses $47,100 $24.00

Actual results for August: Revenue $132,124

Personnel expenses $74,232

Medical supplies $18,697

Occupancy expenses $13,213

Administrative expenses $7,058

The activity variance for personnel expenses in August would be closest to:

		$468 F
		$468 U
		$1,248 F
		$1,248 U