Question
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,350 client-visits, but its actual level of activity was 3,340
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,350 client-visits, but its actual level of activity was 3,340 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 $ 0 $ 35.50 Personnel expenses $ 29,600 $ 10.50 Medical supplies 1,250 5.90 Occupancy expenses 7,700 2.00 Administrative expenses 6,000 0.40 Total expenses $ 44,550 $ 18.80 Actual results for November: Revenue $ 118,737 Personnel expenses $ 64,645 Medical supplies $ 21,749 Occupancy expenses $ 13,899 Administrative expenses $ 7,125 The activity variance for personnel expenses in November would be closest to: Multiple Choice $105 F $130 U $130 F $105 U
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