Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 4,200 client-visits, but its actual level of activity was 4,180 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January Data used in budgeting Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for January Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Fixed element per month $0 $ 28,200 1,100 10,100 7,200 $ 46,600 $ 126,350 $ 70,120 $ 21,112 $ 14,110 $ 7,870 Variable element. per client-visit $36.20 $ 12.20 6.20 1.00 0.30 $19.70 The overall revenue and spending variance (Le.. the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for January would be closest to:

FINANCIAL ACCOUNTING
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Chapter1: Financial Statements And Business Decisions
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Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 4,200 client-visits, but its actual level of activity was
4,180 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January
Data used in budgeting
Revenue
Personnel expenses
Medical supplies
Occupancy expenses
Administrative expenses
Total expenses
Actual results for January
Revenue
Personnel expenses
Medical supplies
Occupancy expenses
Administrative expenses
Fixed element Variable element.
per month
50
$ 28,200
1,100
10,100
7,200
$ 46,600
$ 126,350
$ 70,120
$ 21,112
$ 14,110.
$ 7,870
per client-visit
$36.20
$ 12.20
6.20
1.00
0.30
$19.70
The overall revenue and spending variance (Le.. the variance for net operating income in the revenue and spending variance column on the flexible budget
performance report) for January would be closest to:
Transcribed Image Text:Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 4,200 client-visits, but its actual level of activity was 4,180 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January Data used in budgeting Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for January Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Fixed element Variable element. per month 50 $ 28,200 1,100 10,100 7,200 $ 46,600 $ 126,350 $ 70,120 $ 21,112 $ 14,110. $ 7,870 per client-visit $36.20 $ 12.20 6.20 1.00 0.30 $19.70 The overall revenue and spending variance (Le.. the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for January would be closest to:
The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget.
performance report) for January would be closest to:
Multiple Choice
$9,232 F
$9,562 U
$9,232 U
$9,562 F
Transcribed Image Text:The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget. performance report) for January would be closest to: Multiple Choice $9,232 F $9,562 U $9,232 U $9,562 F
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