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Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,310 client-visits, but its actual level of activity was 2,360
Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,310 client-visits, but its actual level of activity was 2,360 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: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for February: Revenue Personnel expenses Fixed element per month $ 0 $ 33,400 2,300 10,800 Medical supplies Occupancy expenses Administrative expenses $ 167,210 $ 82,645 $ 32,305 $ 19,000 $ 7,215 The revenue variance for February would be closest to: Variable element per client-visit $ 69.30 $ 22.60 13.60 4.50 6,100 $ 52,600 1.20 $ 41.90 Multiple Choice $3,662 U $7,127 U $7,127 F $3,662 F
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