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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 $67.90 per patient-visit.


 

Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $67.90 per patient-visit. Personnel expenses should be $36,900 per month plus $17.00 per patient-visit. Medical supplies should be $3,200 per month plus $12.40 per patient-visit. Occupancy expenses should be $9,600 per month plus $8.00 per patient-visit. Administrative expenses should be $5,100 per month plus $6.10 per patient-visit. The clinic reported the following actual results for November: Patient-visits Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Required: 2,920 $ 224,240 $ 94,320 $ 44,240 $ 23,350 $ 13,750 Prepare a report showing the clinic's revenue and spending variances for November. Label each variance as favorable (F) or unfavorable (U). variance by selecting "F" for favorable, "U" for unfavorable, and "None" for no effect (i.e., zero

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