Iron Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for...
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Accounting
Iron Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,800 client-visits, but its actual level of activity was 3,750 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed element per month Variable element per client-visit Revenue $ 0 $ 40.20 Personnel expenses $ 36,200 $ 11.40 Medical supplies 2,200 8.20 Occupancy expenses 9,200 2.20 Administrative expenses 6,200 0.40 Total expenses $ 53,800 $ 22.
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