Spohn Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 3,370 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for February: Fixed Element Variable element per per Month client-visit Revenue $28.10 Personnel expenses $26,100 $ 7.70 Medical supplies 900 5.10 Оcсирancy eхрenses 5,600 0.80 Administrative expenses 4, 300 0.40 Total expenses $36,900 $14.00 The medical supplies in the flexible budget for February would be closest to: Multiple Choice $17,204 $18.087 $17,512 $18,240

Spohn Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 3,370 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for February: Fixed Element Variable element per per Month client-visit Revenue $28.10 Personnel expenses $26,100 $ 7.70 Medical supplies 900 5.10 Оcсирancy eхрenses 5,600 0.80 Administrative expenses 4, 300 0.40 Total expenses $36,900 $14.00 The medical supplies in the flexible budget for February would be closest to: Multiple Choice $17,204 $18.087 $17,512 $18,240

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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