Kirnon Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 4,300 client-visits, but its actual level of activity was 4,360 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting element element per 01.38 23 per month client-visit Revenue $41.20 Personnel expenses Medical supplies Occupancy expenses $37,200 $12.40 9.20 3,200 8, 400 7,200 3.20 Administrative expenses .so Total expenses $56,000 $25.30 The activity variance for net operating income in July would be closest to: Multiple Choice $204 U $954 U $204 F $954 F