Lizana Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 4,600 client-visits, but its actual level of activity was 4,580 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December

Data used in budgeting:

	Fixed element per month	Variable element per client-visit
Revenue		$36.60
Personnel expenses	$28,600	$12.60
Medical supplies	1,500	6.60
Occupancy expenses	10,500	1.00
Administrative expenses	7,600	0.20
Total expenses	$48,200	$20.40

Actual results for December:

Revenue	$130,000
Personnel expenses	$70,020
Medical supplies	$21,012
Occupancy expenses	$13,190
Administrative expenses	$7,440

The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for December would be closest to:

$7,658 F

$7,982 U

$7,658 U

$7,982 F