Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed element per monthVariable element per client-visitRevenue$ 0$ 50.80Personnel expenses$ 26,600$ 15.60Medical supplies1,4009.40Occupancy expenses7,6002.40Administrative expenses5,3000.10Total expenses$ 40,900$ 27.50 The occupancy expenses in the flexible budget for September would be closest to: Multiple Choice A. $13,215 B. 12,808 C. $13,583 D. $12,880

Occupancy expenses in flexible budget= (Actual level of activity ×variable element per client visit)…

Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170 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-

Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170 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-

Managerial Accounting

15th Edition

ISBN:9781337912020

Author:Carl Warren, Ph.d. Cma William B. Tayler

Publisher:Carl Warren, Ph.d. Cma William B. Tayler

Chapter8: Budgeting

Section: Chapter Questions

Problem 4TIF: Evaluating the budgeting system in a service company Childrens Hospital of the Kings Daughters...

See similar textbooks

	Fixed element per month	Variable element per client-visit
Revenue	$ 0	$ 50.80
Personnel expenses	$ 26,600	$ 15.60
Medical supplies	1,400	9.40
Occupancy expenses	7,600	2.40
Administrative expenses	5,300	0.10
Total expenses	$ 40,900	$ 27.50

Similar questions

Leven Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,050 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for September: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Fixed element per Variable element per month $0 $ 23,900 1,400 5,700 5,100 $36,100 client-visit $31.00 $10.70 The personnel expenses in the planning budget for September would be closest to: 3.90 1.10 0.10 $ 15.80
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,650 client-visits, but its actual level of activity was 3,640 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 element per month Variable element per client-visit Revenue $ 0 $ 36.10 Personnel expenses $ 30,200 $ 11.10 Medical supplies 1,550 6.50 Occupancy expenses 8,300 2.60 Administrative expenses 6,600 0.30 Total expenses $ 46,650 $ 20.50 Actual results for November: Revenue $ 131,586 Personnel expenses $ 70,573 Medical supplies $ 26,021 Occupancy expenses $ 17,277 Administrative expenses $ 7,468 The spending variance for medical supplies in November would be closest to:
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,200 client-visits, but its actual level of activity was 4,190 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 element per month Variable element per client-visit Revenue - $ 37.20 Personnel expenses $ 31,300 $ 12.20 Medical supplies 2,100 7.60 Occupancy expenses 9,400 3.70 Administrative expenses 7,700 0.20 Total expenses $ 50,500 $ 23.70 Actual results for November: Revenue $ 156,078 Personnel expenses $ 82,376 Medical supplies $ 34,788 Occupancy expenses $ 24,405 Administrative expenses $ 8,291 The activity variance for personnel expenses in November would be closest to:
Keisker Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,190 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 element Variable element per month per client-visit Revenue $ 0 $ 29, 200 $ 54.10 $ 17.50 Personnel expenses Medical supplies 700 8.70 Occupancy expenses Administrative expenses 7,100 2.00 4,800 0.10 Total expenses $ 41,800 $ 28.30 Actual results for November: Revenue $ 120,989 $ 66,265 $ 19,223 $ 10,970 $ 5,059 Personnel expenses Medical supplies Occupancy expenses Administrative expenses The personnel expenses in the planning budget for November would be closest to:
ennies 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 element per month Variable element per client-visit Revenue $ 0 $ 35.60 Personnel expenses $ 29,700 $ 10.60 Medical supplies 1,300 6.00 Occupancy expenses 7,800 2.10 Administrative expenses 6,100 0.20 Total expenses $ 44,900 $ 18.90 Actual results for November: Revenue $ 120,854 Personnel expenses $ 65,608 Medical supplies $ 22,436 Occupancy expenses $ 14,437 Administrative expenses $ 6,563 The activity variance for personnel expenses in November would be closest to: rev: 06_30_2020_QC_CS-208650 Multiple Choice
Touro Dental Clinic uses patient-visits as its measure of activity. During January, the clinic budgeted for 3,600 patient-visits, but its actual level of activity was 3,500 patient-visits. The clinic uses the following revenue and cost formulas in its budgeting, where q is the number of patient-visits:Revenue: $39.70qPersonnel expenses: $38,700 + $11.50qMedical supplies: $1,000 + $7.30qOccupancy expenses: $11,700 + $1.30qAdministrative expenses: $6,700 + $0.30qThe clinic reported the following actual results for January: Revenue - $132,280 Personnel expenses - 76,500 Medical supplies - 26,300 Rent expenses - 16,310 Administrative expenses - 7,620 Required:Prepare a report showing the clinic's revenue and spending variances for April. Label each variance as favorable (F) or unfavorable (U). Fill in all lines. actual flexible…
Kirnon Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,000 client-visits, but its actual level of activity was 2,010 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 $ 43.70 Personnel expenses $ 26,100 $ 12.10 Medical supplies 1,000 6.30 Occupancy expenses 6,800 1.60 Administrative expenses 3,000 0.20 Total expenses $ 36,900 $ 20.20 The activity variance for personnel expenses in July would be closest to:
Kirnon Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,000 client-visits, but its actual level of activity was 2,010 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 $ 43.70 Personnel expenses $ 26,100 $ 12.10 Medical supplies 1,000 6.30 Occupancy expenses 6,800 1.60 Administrative expenses 3,000 0.20 Total expenses $ 36,900 $ 20.20 The activity variance for net operating income in July would be closest to: Multiple Choice A. $235 F B. $235 U C. $2,825 F D. $2,825 U
Help Save & Exit Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed Variable element per element per month client-visit Revenue $ 50.80 $ 15.60 Personnel expenses $ 26,600 Medical supplies 1,400 9.40 Occupancy expenses Administrative expenses 7,600 2.40 5,300 0.10 Total expenses $ 40,900 $ 27.50 The occupancy expenses in the flexible budget for September would be closest to: Multiple Choice $13,583 $13 3,21 $12,808 $12,880
Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,250 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue - $ 68.20 Personnel expenses $ 32,300 $ 21.50 Medical supplies 1,200 12.50 Occupancy expenses 9,700 3.40 Administrative expenses 5,000 0.10 Total expenses $ 48,200 $ 37.50 Actual results for February: Revenue $ 156,210 Personnel expenses $ 80,445 Medical supplies $ 30,105 Occupancy expenses $ 16,800 Administrative expenses $ 5,015 The revenue variance for February would be closest to:
Bracken Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,100 client-visits, but its actual level of activity was 2,140 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September: Data used in budgeting: Fixed Variable element element per per month client-visit $ 44.50 $ 12.60 Revenue Personnel expenses $ 26,100 Medical supplies 600 7.20 Occupancy expenses ן50 ,6 2.40 Administrative expenses 3,100 0.10 Total expenses $ 36,300 $ 22.30 Actual results for September: $ 93,240 $ 50,754 $ 15,328 $ 11,646 $ 3,394 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses The spending variance for occupancy expenses in September would be closest to:
Chimilio Clinic uses client-visits as its measure of activity. During June, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 3,360 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting: Variable Fixed Element element per per Month client-visit Revenue 33.70 Personnel expenses $27,300 10.70 Medical supplies 1,200 5.50 Occupancy expenses 1.50 000'6 4,100 0.30 Administrative expenses Total expenses $ 41,600 $ MacBook Air %24