Answered step by step
Verified Expert Solution
Question
1 Approved Answer
cron Status: Totarexperises Actual results for January: Revenue $97,821 Personnel expenses $57,076 Medical supplies $19.859 Occupancy expenses $11.759 Administrative expenses $4,274 The activity variance for
cron Status: Totarexperises Actual results for January: Revenue $97,821 Personnel expenses $57,076 Medical supplies $19.859 Occupancy expenses $11.759 Administrative expenses $4,274 The activity variance for net operating income in January would be closest to: $143U $5,871 F $5,957 F $382 U $5,871 U $143 F $382 F $5,957 U A Moving to another question will save this response. log Moving to another question will save this response uestion 4 Question of [CLO-4) Monard Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3.700 client.visits, but its actual level of activity was 1.710 centists. The 2 points 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 $27.10 Personnel expenses 530,400 56.60 Medical supplies 800 4.90 Occupancy expenses 7,900 0.90 Administrative expenses 3.000 0.40 Total expenses $42.100 $12.80 Actual results for January Revenue 597,821 Personnel expenses 557,076 Medical supplies $19.859 Occupancy expenses $11,759 Administrative expenses 54.274 The activity variance for net operating income in January would be closest to: $143 U Ly S 1*c's
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started