Question
Everyone Deserves to Smile mobile dentist office budgeted for 4 comma 3904,390 patient visits a year. Everyone Deserves to Smile actually saw 4 comma 4954,495
Everyone Deserves to Smile mobile dentist office budgeted for
4 comma 3904,390
patient visits a year. Everyone Deserves to Smile actually saw
4 comma 4954,495
patients during the year and they have provided the following data:
Fixed Portion for Budget | Variable Portion per patient visit for Budget | Actual Results | |
Revenue | $ 65.00$65.00 | $ 407 comma 900$407,900 | |
Personnel Expenses | $ 90 comma 000$90,000 | $ 83 comma 000$83,000 | |
Medical Supplies | $ 13.00$13.00 | $ 38 comma 500$38,500 | |
Occupancy Expenses | $ 8 comma 000$8,000 | $ 1.25$1.25 | $ 18 comma 000$18,000 |
Admin Expenses | $ 19 comma 000$19,000 | $ 0.50$0.50 | $ 19 comma 900$19,900 |
Based on the given information, what is the flexible budget variance for revenue?
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