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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 | - | $ | 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:
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