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: Actual results for August: The spending variance for medical supplies in August would be closest to: so $183F $275U $183U Carter Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow: o Sales are budgeted at $380,000 for November, $390,000 for December, and $400,000 for January. - Collections are expected to be 70% in the month of sale, 27% in the month following the sale, . and 3% uncollectible. - The cost of goods sold is 65% of sales. o The company desires to have an ending merchandise inventory equal to 80% of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase. - Other monthly expenses to be paid in cash are $22,000. - Monthly depreciation is $20,000. - Ignore taxes. The accounts receivable balance, net of uncollectible accounts, at the end of December would be: $105.300 $88,700 $117,000 $207,900 Carter Lumber sells lumber and general building supplies to building contractors in a medium-sized town in Montana. Data regarding the store's operations follow: o Sales are budgeted at $380,000 for November, $390,000 for December, and $400,000 for January. o Collections are expected to be 70% in the month of sale, 27% in the month following the sale, and 3% uncollectible. o The cost of goods sold is 65% of sales. o The company desires to have an ending merchandise inventory equal to 80% of the following month's cost of goods sold. Payment for merchandise is made in the month following the purchase. - Other monthly expenses to be paid in cash are $22,000. o Monthly depreciation is $20,000. o Ignore taxes. The net income for December would be: $114,500 $94,500 $101,400 $82,800