Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,250 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February:

Data used in budgeting: Fixed element per month Variable element per $ 68.2 Revenue $ $ Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses 32,300 1,200 9,700 5,000 48,200 21.5 12.5 3.4 0.1 37.5 $ $ Actual results for February: $ Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $ $ 156,210 80,445 30,105 16,800 5,015 $ $ 1. Prepare a flexible budget to calculate the activity variances, as well as revenue and spending variances. Indicate whether each variance is favorable or unfavorable. 2. Please explain how you will evaluate the clinic's performance of Feburary using what you got at #1