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Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $62.90 per patient-visit Personnel

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Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $62.90 per patient-visit Personnel expenses should be $36,400 per month plus $16.50 per patient-visit. Medical supplies should be $2,700 per month plus $11.90 per patient-visit Occupancy expenses should be $9,100 per month plus $5.50 per patient-visit Administrative expenses should be $4,600 per month plus $3.60 per patient-visit. The clinic reported the following actual results for November Patient-visits 2,870 Revenue $ 199,240 Personnel expenses $ 89,320 Medical supplies $ 40,240 Occupancy expenses $ 19,350 Administrative expenses $ 9,750 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 os positive values.) Laizure Clinic Revenue and Spending Variances For the Month Ended November 30 Actual Results Flexible Budget Ravenue and Spending Variances 2,870 2,870 Patient-visits Revenue Expenses Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expense Not operating income

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