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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,800 client-visits, but its actual level of activity was 3,790
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,800 client-visits, but its actual level of activity was 3,790 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 | - | $ | 36.40 | ||
Personnel expenses | $ | 30,500 | $ | 11.40 | |
Medical supplies | 1,700 | 6.80 | |||
Occupancy expenses | 8,600 | 2.90 | |||
Administrative expenses | 6,900 | 0.20 | |||
Total expenses | $ | 47,700 | $ | 21.30 | |
Actual results for November:
Revenue | $ | 138,146 | |
Personnel expenses | $ | 73,672 | |
Medical supplies | $ | 28,292 | |
Occupancy expenses | $ | 19,101 | |
Administrative expenses | $ | 7,427 | |
The spending variance for medical supplies in November would be closest to:
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