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Speyer Medical Clinic measures its activity in terms of patient.visits. Last month, the budgeted level of activity was 1,200 patient.visits and the actual level of
Speyer Medical Clinic measures its activity in terms of patient.visits. Last month, the budgeted level of activity was 1,200 patient.visits and the actual level of activity was 1190 patient-visits. The cost formula for administrative expenses is $440 per patient visit plus $24.000 per month. The actual administrative expense was $23,500. Last month the clinic's spending variance for administrative expenses was
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