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Futlon Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,250 client-visits, but its actual level of activity was
Futlon Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,250 client-visits, but its actual level of activity was 4,240 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Revenue Fixed element per month Variable element per client-visit $. 37.30 Personnel expenses $ 31,400 12.30 Medical supplies Occupancy expenses Administrative expenses Total expenses 2,150 7.70 9,500 3.80 7,800 0.30 $ 50,850 24.10 Actual results for November: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $158,364 $83,509 $36,545 $25,113 $8,824 The spending variance for medical supplies in November would be closest to:
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