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DD Clinic bases its budgets on the activity measure patient-visits. During February, the clinic planned for 2,800 patient-visits, but its actual level of activity
DD Clinic bases its budgets on the activity measure patient-visits. During February, the clinic planned for 2,800 patient-visits, but its actual level of activity was 3,000 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting: Fixed element per month Variable element per patient-visit $ Revenue $ Personnel Expenses $ 21,800.00 $ Medical Supplies $ 800.00 $ Occupancy Expenses $ 6,000.00 $ Administrative Expenses $ 2,800.00 $ Required: Prepare a report showing the clinic's activity variances for February. Indicate in each case whether the variance is favorable (F) or unfavorable (U). 28.00 8.30 4.10 1.00 0.10
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