Question 30

Lalzure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $72.90 per patient-visit. Personnel expenses should be $37,400 per month plus $17.50 per patient-visit. Medical supplies should be $3,700 per month plus $12.90 per patient-visit. Occupancy expenses should be $10,100 per month plus $10.50 per patient-visit. Administrative expenses should be $5,600 per month plus $8.60 per patient-visit. The clinic reported the following actual results for November: Patient-visits Personnel expenses Medical supplies Occupancy expenses Administrative expenses 2,970 $249,240 $99,320 $48,240 27,350 17,750 Required: Prepare a report showing the clinic's revenue and spending variances for November. Label each varlance 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 as positive values.) Laizure Clinic Revenue and Spending Variances For the Month Ended November 30 Actual Flexible Revenue and Patient-visits 2,970 2,970 Revenue Medical supplies Administrative Total expense Net operating income