Kirnon Clinic uses cllent-visits as Its measure of activity. DuringJuly, the clinic budgeted for 4,150 client-visits, but Its actual level of activity was 4,080 client-visits TheFixed element per Variable elementper client-visit$40.90monthRevenue$36,900$ 12.10Personnel expensesMedical suppliesOccupancy expensesAdministrative expenses2,9009,9008.902.906,9000.20Total expenses$ 56,600$24.10The activity varlance for personnel expenses In July would be closest to:కతుMultiple Choice$847 U$3,287 U$3.287 F$847 F

The activity variance is the difference between standard cost and actual cost.

Kirnon Clinic uses client-visits as Its measure of activity. During July, the clinic budgeted for 4,150 client-visits, but its actual level of activity was 4,080 client-vls Fixed element per Variable element per client-visit $ 40.90 $ 12.10 month $ 0 $ 36,900 Revenue Personnel expenses Medical supplies 2,900 8.90 9,900 2.90 Occupancy expenses Administrative expenses 6,900 0.20 Total expenses $ 56,600 $ 24.10 The activity varlance for personnel expenses in July would be closest to: Multiple Choice

Kirnon Clinic uses client-visits as Its measure of activity. During July, the clinic budgeted for 4,150 client-visits, but its actual level of activity was 4,080 client-vls Fixed element per Variable element per client-visit $ 40.90 $ 12.10 month $ 0 $ 36,900 Revenue Personnel expenses Medical supplies 2,900 8.90 9,900 2.90 Occupancy expenses Administrative expenses 6,900 0.20 Total expenses $ 56,600 $ 24.10 The activity varlance for personnel expenses in July would be closest to: Multiple Choice

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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Casper Hospital bases its budgets on patient-visits. The hospital's static planning budget for May appears below: The budgeted number of patient-visits 5,100 Budgeted variable costs: Supplies (@ $2.70 per patient-visit) $ 13,770 Laundry (@ $3.00 per patient-visit) 15,300 Budgeted fixed costs: Wages and salaries 16,830 Occupancy costs 16,890 Total expense $ 62,790 Required: Prepare a flexible budget for 6,000 patient-visits per month.
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