Right Answer Felton Health Clinic measures its activity in termsof patient visits. Last month, the budgeted level ofactivity was 1,620 patient visits, while the actuallevel of activity was 1,720 patient visits. The costformula for administrative expenses is $2.50 perpatient visit plus $19,000 per month. The actualadministrative expense was $24,275.What was the spending variance for administrativeexpenses last month?

Concept of Budgeted Activity LevelThe budgeted activity level is the estimated or planned number of…

Answered: Felton Health Clinic measures its…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

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Speyer Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1200 patient-visits and the actual level of activity was 1190 patient-visits. The cost formula for administrative expenses is $4.40 per patient-visit plus $24,000 per month. The actual administrative expense was $23,500. Last month the clinic's spending variance for administrative expenses was:
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Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3,300 client-visits, but its actual level of activity was 3,280 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: Fixed element Variable element per month. $0 $ 27,300 1,300 10,300 6,300 $ 45,200 $ 124,680 $ 72,030 $ 22,706 per client-visit $35.30 $ 11.30 5.30 1.00 0.40 $18.00 Revenue Personnel expenses Medical supplies Occupancy expenses $ 14,630 Administrative expenses $ 8,135 The activity variance for net operating income in January would be closest to:
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