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Clinic House uses client-visits as its measure of activity. During October, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,040
Clinic House uses client-visits as its measure of activity. During October, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,040 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting: Data used in budgeting:
Fixed element per month | Variable element per client-visit | |
Revenue | $51.2 | |
Personnel expenses | $36,600 | $18.10 |
Medical supplies | 1000 | 6.80 |
Occupancy expenses | 12100 | 1.70 |
Administrative expenses | 4800 | 0.20 |
The activity variance for administrative expenses in October would be closest to:
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