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Natural Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2,500 client-visits, but its actual level of activity was 2,520

Natural Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2,500 client-visits, but its actual level of activity was 2,520 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed Cost per month Variable Cost per client-visit Revenue - $44.00 Personnel expenses $26,200 $12.50 Medical supplies 1,200 8.70 Occupancy expenses 8,200 1.20 Administrative expenses 4,700 0.30 Total expenses $40,300 $22.70 What is the net operating income in the flexible budget for November?

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