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Question 7 1.5 points Save Answer Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,200 client-visits, but its
Question 7 1.5 points Save Answer Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,250 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Fixed element per month Variable element per client-visit $0 Revenue $ 68.20 $21.50 Personnel expenses Medical supplies $32,300 1,200 12.50 Occupancy expenses 9,700 3.40 Administrative expenses 5,000 0.10 Total expenses $ 48,200 $ 37.50 Actual results for February: Revenue $ 156,210 Personnel expenses $ 80,445 Medical supplies $ 30,105 Occupancy expenses $ 16,800 Administrative expenses $ 5,015 The revenue variance for February would be closest to: O $6,170 F O $2,760 F O $2,760 U O $6,170 U
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