Kirnon Clinic uses client.visits as its measure of activity. During July, the clinic budgeted for 4,150 client-visits, but its actual level of activity was 4,080 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed Variable element element per per month client-visit $40.90 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses $36, 900 2,900 9,900 6,900 $56,600 $12.10 8.90 2.90 0.20 $24.10 The activity variance for net operating income in July would be closest to: Multiple Choice 0 $426F $1,176 F O $1,176 V O $426U Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits 8,500 Budgeted variable overhead costs: Supplies (@$4.70 per patient-visit) $ 39,950 Laundry (@$7.80 per patient-visit) 66,300 Total variable overhead cost 106,250 Budgeted fixed overhead costs: Wages and salaries 50, 150 Occupancy costs 84.150 Total fixed overhead cost 134,300 $ 240, 550 Total budgeted overhead cost The total overhead cost at an activity level of 9,200 patient-visits per month should be: Multiple Choice O $260,360 O O $249,300 o $240.550