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Hagel Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,430 client-visits, but its actual level of activity was 2,450
Hagel Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,430 client-visits, but its actual level of activity was 2,450 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July Data used in budgeting: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Fixed Variable element per element per month client-visit $ 51.10 $ 26,000 $ 16.40 1,345 10.00 7.230 4.60 4,050 1.50 $ 38,625 $ 32.50 Actual results for July: $ Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $ $ $ 122,495 68,935 26.490 18,715 7,920 $ The revenue variance for July would be closest to: O $2.700 F $1,8080 $1,808 F OO $2,700 U
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