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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,200 client-visits, but its actual level of activity was 4,190
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,200 client-visits, but its actual level of activity was 4,190 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 | $ 37.20 |
Personnel expenses | $ 31,300 | $ 12.20 |
Medical supplies | 2,100 | 7.60 |
Occupancy expenses | 9,400 | 3.70 |
Administrative expenses | 7,700 | 0.20 |
Total expenses | $ 50,500 | $ 23.70 |
Actual results for November:
Revenue | $ 156,078 |
---|---|
Personnel expenses | $ 82,376 |
Medical supplies | $ 34,788 |
Occupancy expenses | $ 24,405 |
Administrative expenses | $ 8,291 |
The activity variance for personnel expenses in November would be closest to:
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