Question
Stivason Clinic uses client-visits as its measure of volume. During June, the clinic budgeted for 3260 client-visits, but it actually received 3212 client-visits. The clinic
Stivason Clinic uses client-visits as its measure of volume. During June, the clinic budgeted for 3260 client-visits, but it actually received 3212 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for April. All costs are mixed costs.
Data used in budgeting:
Fixed amountVariable amount per client visit
Revenue27.94
Personnel expense234248.07
Medical supplies exp.4714.05
Administration exp.90780.84
Actual results:
Revenue90506
Personnel expense50881
Medical supplies exp.15000
Administration exp.13278
a.Calculate the sales price variance
b.Calculate the sales volume variance
c.Calculate the Personnel variance
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