Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for...
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Accounting
Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,250 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February:
Data used in budgeting:
Fixed element per month
Variable element per client-visit
Revenue
$ 0
$ 68.20
Personnel expenses
$ 32,300
$ 21.50
Medical supplies
1,200
12.50
Occupancy expenses
9,700
3.40
Administrative expenses
5,000
0.10
Total expenses
$ 48,200
$ 37.50
Actual results for February:
Revenue
$ 156,210
Personnel expenses
$ 80,445
Medical supplies
$ 30,105
Occupancy expenses
$ 16,800
Administrative expenses
$ 5,015
The medical supplies in the flexible budget for February would be closest to:
rev: 06_30_2020_QC_CS-208650
Multiple Choice
$28,700
$29,325
$29,436
$30,789
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