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Cynic Clinic uses client visits as its measure of activity. During October the clinic budgeted for 3,000 client visits, but its actual level of activity
Cynic Clinic 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 2,800 client visits. The clinic has provided the following data concerning the formulas used in its budgeting process and the actual results for October. Data used in budgeting: Revenue: $80.00 per visit Fixed cost Variable cost per month per client visit Expenses: Salaries and wages expense Medical supplies expense $95.400 $46.80 15.400 3.70 3227,830 Actual results for October Revenue Salaries and wages expense Medical supplies expense 192,124 16,901 Required: Fill in the values in the following table. ALL DOLLAR VALUES SHOULD BE WHOLE DOLLARS WITH NO CENTS, COMMA OR DOLLARS SIGNS. VARIANCES SHOULD BE POSITIVE WHOLE DOLLAR VALUES. USE CAPTIAL F TO INDICATE AVARIANCE IS FAVORABLE OR CAPITAL U FOR UNFAVORABLE. Actual spending var. For U Flex. bud. activity var. For U Plan, bi Revenue 227830 192124 Sal. & wage x. . Med. sup. exp. 16901
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