The INOVA Fait Oaks Hospital measures its activity in terms of patient.visits Last month, the budgeted level of activity was 1240 patient.visits and the actual level of activity was 1,230 patient visits. The cost formula for administrative expenses is $4.00 per patient visit plus $26.000 per month. The actual administrative expense was $24.700. In the clinics flexible budget performance report for test month the spending variance for administrative expenses was Multiple Choice 57204 $2.920 548 $7.252