8 4 7 9 0 56 3 1 2 Willow Clinic bases its budgets on patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgetir Revenues Personnel expenses Medical supplies Occupancy expenses Administrative expenses evenues Fixed element per month patient-visit $52.00 $23,900 $5,150 $4,170 Variable element per The behaviour of the revenue and expenses is valid for between 2,000 and 4,000 patient-visits per month. $6.60 $2.40 Required: a) Prepare a flexible budget for 2,000 and 3,000 patient-visits in a month. Variable element per month Patient -visits 2,000 3,000 You may not need to use all the cells.
8 4 7 9 0 56 3 1 2 Willow Clinic bases its budgets on patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgetir Revenues Personnel expenses Medical supplies Occupancy expenses Administrative expenses evenues Fixed element per month patient-visit $52.00 $23,900 $5,150 $4,170 Variable element per The behaviour of the revenue and expenses is valid for between 2,000 and 4,000 patient-visits per month. $6.60 $2.40 Required: a) Prepare a flexible budget for 2,000 and 3,000 patient-visits in a month. Variable element per month Patient -visits 2,000 3,000 You may not need to use all the cells.
Managerial Accounting
15th Edition
ISBN:9781337912020
Author:Carl Warren, Ph.d. Cma William B. Tayler
Publisher:Carl Warren, Ph.d. Cma William B. Tayler
Chapter8: Budgeting
Section: Chapter Questions
Problem 4TIF: Evaluating the budgeting system in a service company Childrens Hospital of the Kings Daughters...
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Please do not give solution in image format thanku
![9
0
4
S
6
3
1
2
1
Willow Clinic bases its budgets on patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgetir
Revenues
Personnel expenses
Medical supplies
Occupancy expenses
Administrative expenses
evenues
Fixed
element
$23,900
per month patient-visit
$52.00
$5,150
$4,170
Variable
element
per
Variable
element
per month
$6.60
$2.40
The behaviour of the revenue and expenses is valid for between 2,000 and 4,000 patient-visits per month.
W
1
2 Required:
a) Prepare a flexible budget for 2,000 and 3,000 patient-visits in a month.
Patient -visits
H
2,000
3,000
You may not need to use all the cells.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F74c61ca9-effd-433d-8734-376df3377485%2F2af9e884-31c9-40ff-9258-1e57445f2df4%2Ft3pzda9_processed.jpeg&w=3840&q=75)
Transcribed Image Text:9
0
4
S
6
3
1
2
1
Willow Clinic bases its budgets on patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgetir
Revenues
Personnel expenses
Medical supplies
Occupancy expenses
Administrative expenses
evenues
Fixed
element
$23,900
per month patient-visit
$52.00
$5,150
$4,170
Variable
element
per
Variable
element
per month
$6.60
$2.40
The behaviour of the revenue and expenses is valid for between 2,000 and 4,000 patient-visits per month.
W
1
2 Required:
a) Prepare a flexible budget for 2,000 and 3,000 patient-visits in a month.
Patient -visits
H
2,000
3,000
You may not need to use all the cells.
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