Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Take Quiz Everyone Deserves to Smile mobile dentist office budgeted for 4,330 patient visits a year. Everyone Deserves to Smile actually saw 4,415 patients

image text in transcribed

Take Quiz Everyone Deserves to Smile mobile dentist office budgeted for 4,330 patient visits a year. Everyone Deserves to Smile actually saw 4,415 patients during the year and they have provided the following data Variable Portion per Fixed Portion for Budget patient visit for Budget Actual Results Revenue $67 $414,100 Personnel Expenses $80,000 $87,000 Medical Supplies $10 $38,200 Occupancy Expenses $11,000 $1.50 $15,000 Admin Expenses $19,000 $0.50 $19,950 CRED Based on the given information, what is the flexible budget variance for personnel expenses? OA Cannot be determined OB. $7,000 Unfavorable Oc. $7,000 Favorable OD SO View instructor tip APY 62 BOT 13 LL W E S D 44 55 STO A 96 & 29 6 7 R T Y U F G H 12 8

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Cornerstones of Financial and Managerial Accounting

Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen

2nd edition

978-0538473484, 538473487, 978-1111879044

More Books

Students also viewed these Accounting questions

Question

When is the application deadline?

Answered: 1 week ago

Question

Identify unique characteristics of an online business AppendixLO1

Answered: 1 week ago