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Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,650 client-visits, but its actual level of activity was 3,640
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,650 client-visits, but its actual level of activity was 3,640 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 | - | $ | 36.10 | ||
Personnel expenses | $ | 30,200 | $ | 11.10 | |
Medical supplies | 1,550 | 6.50 | |||
Occupancy expenses | 8,300 | 2.60 | |||
Administrative expenses | 6,600 | 0.30 | |||
Total expenses | $ | 46,650 | $ | 20.50 | |
Actual results for November:
Revenue | $ | 131,586 | |
Personnel expenses | $ | 70,573 | |
Medical supplies | $ | 26,021 | |
Occupancy expenses | $ | 17,277 | |
Administrative expenses | $ | 7,468 | |
The spending variance for medical supplies in November would be closest to:
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