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Guareno Clinic uses client - visits as its measure of activity. During December, the clinic budgeted for 3, 300 client-visits, but its actual level of activity was 3,210 client - visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed element per month Variable element per client - visit Revenue S 0S 46.00 Personnel expenses $ 35,100 S 13.90 Medical supplies 2,400 5.90 Occupancy expenses 10, 800 2.

Guareno Clinic uses client - visits as its measure of activity. During December, the clinic budgeted for 3, 300 client-visits, but its actual level of activity was 3,210 client - visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed element per month Variable element per client - visit Revenue S 0S 46.00 Personnel expenses $ 35,100 S 13.90 Medical supplies 2,400 5.90 Occupancy expenses 10, 800 2.

FINANCIAL ACCOUNTING
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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Guareno Clinic uses client - visits as its measure of activity. During December, the clinic budgeted for 3, 300 client-visits, but its actual level of activity was 3,210 client - visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed element per month Variable element per client - visit Revenue S 0S 46.00 Personnel expenses $ 35,100 S 13.90 Medical supplies 2,400 5.90 Occupancy expenses 10, 800 2.
Transcribed Image Text:Guareno Clinic uses client - visits as its measure of activity. During December, the clinic budgeted for 3, 300 client-visits, but its actual level of activity was 3,210 client - visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed element per month Variable element per client - visit Revenue S 0S 46.00 Personnel expenses $ 35,100 S 13.90 Medical supplies 2,400 5.90 Occupancy expenses 10, 800 2.
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