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ODOS Clinic bases budgets on the number of patient A 2.600 patient-visits. The clinic has provided the forme Fement Revenue per month Personnel expenses Medical supplies 523300 $1.000 500 Occupancy expenses Administrative expenses ST 800 51 53.000 The clinic has also furnished its income statement for December Holbrooks Clinic Income Statement Actuat patient-visits For the Month Ended December 31 Revenue Expenses Personnel expenses 57 630 18.000 Medical supplies 12.120 Occupancy expenses 3590 Administrative expenses Total expense S101110 Net operating income 2.500 59340 Required: Using the partial framework provided below, prepare a flexible budget performanc report for December. Indicate all variances and their direction (U or F). Show your calculation Halbrooks Clinic Flexible Budget Performance Report - December Revenue & Spending variances Activity variances Flexible Budget Actual Results Planning Budget Patient-visits 2,500 98,450 $ $ $ $ Revenue Expenses: Personnel 57,630 Medical supplies 14,000 bccupancy 12,120 Administrative 4,590 ptal expenses 88,340 $ $ 10.110 $ S t operating ome ODOS Clinic bases budgets on the number of patient A 2.600 patient-visits. The clinic has provided the forme Fement Revenue per month Personnel expenses Medical supplies 523300 $1.000 500 Occupancy expenses Administrative expenses ST 800 51 53.000 The clinic has also furnished its income statement for December Holbrooks Clinic Income Statement Actuat patient-visits For the Month Ended December 31 Revenue Expenses Personnel expenses 57 630 18.000 Medical supplies 12.120 Occupancy expenses 3590 Administrative expenses Total expense S101110 Net operating income 2.500 59340 Required: Using the partial framework provided below, prepare a flexible budget performanc report for December. Indicate all variances and their direction (U or F). Show your calculation Halbrooks Clinic Flexible Budget Performance Report - December Revenue & Spending variances Activity variances Flexible Budget Actual Results Planning Budget Patient-visits 2,500 98,450 $ $ $ $ Revenue Expenses: Personnel 57,630 Medical supplies 14,000 bccupancy 12,120 Administrative 4,590 ptal expenses 88,340 $ $ 10.110 $ S t operating ome

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