Kirnon Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for...
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Accounting
Kirnon Clinic uses clientvisits as its measure of activity. During July, the clinic budgeted for clientvisits, but its actual level of activity was clientvisits. The clinic has provided the following data concerning the formulas to be used in its budgeting:
Fixed element per month Variable element per clientvisit
Revenue $ $
Personnel expenses $ $
Medical supplies
Occupancy expenses
Administrative expenses
Total expenses $ $
The activity variance for net operating income in July would be closest to:
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