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Laizure Clinic uses patient-VISITS as its measure of activity. Ine clinic bases its buagets on the following information: Revenue snouia be $70.90 per patient-visit. Personnel
Laizure Clinic uses patient-VISITS as its measure of activity. Ine clinic bases its buagets on the following information: Revenue snouia be $70.90 per patient-visit. Personnel expenses should be $37,200 per month plus $17.30 per patient-visit. Medical supplies should be $3,500 per month plus $12.70 per patient-visit. Occupancy expenses should be $9,900 per month plus $9.50 per patient-visit. Administrative expenses should be $5,400 per month plus $7.60 per patient-visit. The clinic reported the following actual results for November: Patient-visits Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses 2,950 $ 239, 240 $ 97,320 $ 46,640 $ 25, 750 $ 16,150 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.) Revenue and Spending Variances Laizure Clinic Revenue and Spending Variances For the Month Ended November 30 Flexible Actual Results Budget Patient-visits 2,950 2,950 Revenue Expenses: Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total eynense
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