Chimilio Clinic uses client-visits as its measure of activity. During June, the clinic...
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Accounting
Chimilio Clinic uses client-visits as its measure of activity. During June, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 3,360 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for June:
Data used in budgeting:
Fixed Element per Month
Variable element per client-visit
Revenue
-
$
33.70
Personnel expenses
$
27,300
$
10.70
Medical supplies
1,200
5.50
Occupancy expenses
9,000
1.50
Administrative expenses
4,100
0.30
Total expenses
$
41,600
$
18.00
Actual results for January:
Revenue
$
112,062
Personnel expenses
$
64,602
Medical supplies
$
19,900
Occupancy expenses
$
13,640
Administrative expenses
$
5,068
The occupancy expenses in the flexible budget for June would be closest to:
Garrison 16e Rechecks 2018-06-07
Multiple Choice
$13,802
$14,100
$14,040
$13,480
Answer & Explanation
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