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TB MC Qu. 9-208 Tennies Clinic uses client-visits as its measure... Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted
TB MC Qu. 9-208 Tennies Clinic uses client-visits as its measure...
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,750 client-visits, but its actual level of activity was 3,740 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:
Data used in budgeting:
Fixed element per month | Variable element per client-visit | ||||
Revenue | - | $ | 36.30 | ||
Personnel expenses | $ | 30,400 | $ | 11.30 | |
Medical supplies | 1,650 | 6.70 | |||
Occupancy expenses | 8,500 | 2.80 | |||
Administrative expenses | 6,800 | 0.50 | |||
Total expenses | $ | 47,350 | $ | 21.30 | |
Actual results for November:
Revenue | $ | 135,949 | |
Personnel expenses | $ | 72,629 | |
Medical supplies | $ | 27,525 | |
Occupancy expenses | $ | 18,483 | |
Administrative expenses | $ | 8,444 | |
The spending variance for medical supplies in November would be closest to:
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