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Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170

Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting:

Fixed element per month Variable element per client-visit
Revenue - $ 50.80
Personnel expenses $ 26,600 $ 15.60
Medical supplies 1,400 9.40
Occupancy expenses 7,600 2.40
Administrative expenses 5,300 0.10
Total expenses $ 40,900 $ 27.50

The net operating income in the flexible budget for September would be closest to:

$9,661

$5,367

$5,516

$10,360

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