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Question 7 (9 points) During November, Guerreiro Clinic budgeted for 2,100 patient-visits, but its actual level of activity was 2,800 patient-visits. Revenue should be $60.00

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Question 7 (9 points) During November, Guerreiro Clinic budgeted for 2,100 patient-visits, but its actual level of activity was 2,800 patient-visits. Revenue should be $60.00 per patient-visit. Occupancy expenses should be $9,000 per month plus $0.75 per patient-visit. Actual occupancy expenses were $12,000. 1. What is the spending variance for occupancy expenses (provide a dollar amount)? 2. Is the spending variance for occupancy expenses favorable or unfavorable? Enter your answers in the same order as above. Question 8 (8 points) Bandar Industries manufactures sporting equipment. During the quarter ending June 30, the company manufactured 35,000 helmets, using 24,500 kilograms of plastic. The plastic cost $171,000. According to standard costs, each helmet should require 0.6 kilgrams of plastic at a cost of $8 per kilogram. 1. What is the materials price variance (dollars)? 2. Is the materials price variance favorable or unfavorable? 3. What is the materials quantity variance (dollars)? 4. Is the materials quantity variance favorable or unfavorable? 5. What is the total materials variance (dollars)? 6. Is the total materials variance favorable or unfavorable? Enter your answers in the same order as above

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