Laizure Clinic uses patient$-$visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $$56\mathrm{.}90$ per patient$-$visit. Personnel expenses should be $$35,800$ per month plus $$15\mathrm{.}90$ per patient$-$visit. Medical supplies should be $$2,100$ per month plus $$11\mathrm{.}30$ per patient$-$visit. Occupancy expenses should be $$8,500$ per month plus $$2\mathrm{.}50$ per patient$-$visit. Administrative expenses should be $$4,000$ per month plus $$0\mathrm{.}60$ per patient$-$visit.

The clinic reported the following actual results for November:

Patient$-$visits $2,810$

Revenue $ $169,240$

Personnel expenses $ $83,320$

Medical supplies $ $35,440$

Occupancy expenses $ $14,550$

Administrative expenses $ $4,950$

Required:

Prepare a report showing the clinic's revenue and spending variances for November. Label each variance as favorable $($F$)$ or unfavorable $($U$).($Indicate the effect of each variance by selecting $"$F$"$ for favorable, $"$U$"$ for unfavorable, and "None" for no effect $($i$.$e$.,$ zero variance$).$ Input all amounts as positive values.$)$Laizure Clinic

Revenue and Spending Variances

For the Month Ended November $30$

Actual Results Flexible Budget Revenue and Spending Variances

Patient$-$visits $2,8102,810$

Revenue

Expenses:

Personnel expenses

Medical supplies

Occupancy expenses

Administrative expenses

Total expense

Net operating income