Exam 2 0 Saved Help Saws. Exit Submit A local medical clinic measures their activity on the number of patient-visits. Information for how monthly budgets are built is set forlh below. Revenue should be $71.90 per patient-visit. Employee expenses should be $37,300 per month plus $17.40 per patientwisit. Medical supplies should be $3,600 per month plus $12.30 per patient-visit Occupancy expenses should be $10,000 per month plus $10.00 per patient-visit. Administrative expenses should be $5.500 per month plus $810 per patient-visit. The clinic reported the following actual results for November: Patient-visits 2, 958 Revenue $244, 2413 Personnel expenses 3 98,326! Medical supplies 5 47,448 Occupancy expenses 5 26,556 Administrative expenses 3 16,956 l Required: Prepare a report showing the clinic's revenue and spending variances for November. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable. "U\" for unfavorable. and "None" for no effect (i.e.. zero variance). Input all amoun'ls as positive values.) Patient-visits Personnel expenses Mc Graw Hill Next) Exam 2 1 Saved Help Save & Exit Submit Revenue $244, 240 Personnel expenses $ 98, 320 Medical supplies $ 47, 440 Occupancy expenses $ 26, 550 Administrative expenses $ 16, 950 Required: 02:58:56 Prepare a report showing the clinic's revenue and spending variances for November. Label each variance as favorable (F) or unfavorable (U). (Indicate the effect of each variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero variance). Input all amounts as positive values.) Laizure Clinic Revenue and Spending Variances For the Month Ended November 30 Actual Results Flexible Revenue and Budget Spending Variances Patient-visits 2,960 2,960 Revenue Expenses: Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expense Net operating income Mc Graw Hill