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Moorhouse Clinic uses client visits as its measure of activity.

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Moorhouse Clinic uses client visits as its measure of activity. During December, the clinic budgeted for 3,700 client visits, but its actual level of actiivty was 3,690 client visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December;Data used in budgeting;Fixed element // Variable element;per month // per client-visit;Revenue __-__ // $25.10;Personnel expenses $27,100 // $7.10;Medical supplies 1,500 // $4.50;Occupancy expenses 6,000 // 1.00;Admin expenses 3,000 // 0.10;Total expenses $37,600 // $12.70;Actual results for December;Revenue - $96,299;Personnel expenses - $51,009;Medical Supplies - $17,425;Occupancy expenses - $9,240;Admin expenses - $3,239;Question: The activity variance for personnel expenses in December would be closest to...;A. $71 U;B. $2,361 U;C. $2,361 F;D. $71 F

 

Paper#33132 | Written in 18-Jul-2015

Price : $45
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