Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Everyone Dosorves to Smile mobile dentist office budgeted for 4,305 patient visits a year. Everyone Deserves to Smile actually saw 4,495 patients during the year

image text in transcribed
Everyone Dosorves to Smile mobile dentist office budgeted for 4,305 patient visits a year. Everyone Deserves to Smile actually saw 4,495 patients during the year and they have provided the following data: Fixed Portion for Variable Portion per Budget patient visit for Budget Actual Results Revenue $74.00 $405,100 Personnel Expenses $70,000 $68,000 Medical Supplies $10.00 $39,000 Occupancy Expenses $11,000 $1.50 $16,000 Admin Expenses $19,000 $0.75 $19,700 Based on the given information, what is the flexible budget variance for admin expenses? O A. $2,671.25 Unfavorable B. $2,528.75 Unfavorable C. $2,671.25 Favorable OD. $2,528.75 Favorable

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image_2

Step: 3

blur-text-image_3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Audit Effectiveness Meeting The IT Challenge

Authors: Kamil Omoteso

1st Edition

1409434680, 9781409434689

More Books

Students also viewed these Accounting questions

Question

3. Describe the process of a union drive and election.

Answered: 1 week ago

Question

6. What actions might make employers lose elections?

Answered: 1 week ago