Tennies Clinic uses client-visits as its measure...
50.1K
Verified Solution
Link Copied!
Question
Accounting
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3.400 client-visits, but its actual level of activity was 3,390 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November Data used in budgeting Fixed Variable element element per per month client-visit $35.60 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses $29,700 1,300 7,800 6,100 $44,900 $10.60 6.00 2.10 0.20 $18.90 Actual results for November Revenue Personnel expenses $120,854 $ 65,608 Actual results for November: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $120,854 $ 65,608 $ 22,436 $ 14,437 $ 6,563 The spending variance for medical supplies in November would be closest to: Multiple Choice $736 F $796 U $736 U $796 F
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
