Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,260 client-visits, but its actual level of activity was 2,310 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February Data used in budgeting: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for February Fixed element per month Revenue $ 162,210 Personnel expenses $ 81,645 Medical supplies $ 31,305 Occupancy expenses $ 18,000 Administrative expenses $6,215 he revenue variance for February would be closest to: $0 $ 32,900 1,800 10,300 5,600 $ 50,600 Variable element per client-visit $68.80 $ 22.10 13.10 4.00 .70 $39.90

Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,260 client-visits, but its actual level of activity was 2,310 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February Data used in budgeting: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for February Fixed element per month Revenue $ 162,210 Personnel expenses $ 81,645 Medical supplies $ 31,305 Occupancy expenses $ 18,000 Administrative expenses $6,215 he revenue variance for February would be closest to: $0 $ 32,900 1,800 10,300 5,600 $ 50,600 Variable element per client-visit $68.80 $ 22.10 13.10 4.00 .70 $39.90

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Subject: accounting