Business, 16.04.2020 00:07 kittey7854

Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 4,700 client-visits, but its actual level of activity was 4,680 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: Fixed element per month Variable element per client-visit Revenue - $ 36.70 Personnel expenses $ 28,700 $ 12.70 Medical supplies 1,600 6.70 Occupancy expenses 10,600 1.00 Administrative expenses 7,700 0.30 Total expenses $ 48,600 $ 20.70 Actual results for January: Revenue $ 131,000 Personnel expenses $ 70,030 Medical supplies $ 21,014 Occupancy expenses $ 13,200 Administrative expenses $ 7,450The activity variance for net operating income in January would be closest to:

Multiple Choice

A, $334 U
B, $334 F
C, $9,650 U
D, $9,650 F

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Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budget...

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