Please help me. Thankyou. The spending variance for medical supplies in November would be closest to:Multiple Choice$805 F$805 U$742 U$742 F TB MC Qu. 9-208 (Algo) Tennies Clinic uses client-visits as its measure...Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,550 client-visits, but its actual level of activity was3,540 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:RevenuePersonnel expensesMedical suppliesOccupancy expensesAdministrative expensesTotal expensesActual results for November:RevenuePersonnel expensesMedical suppliesOccupancy expensesAdministrative expensesFixed element Variable elementper month per client-visit$0$ 35.90$ 30,000$10.901,4508,1006,400$ 45,9506.302.400.50$ 20.10$ 127,263$ 68,557$ 24,557$ 16,111$ 7,952The spending variance for medical supplies in November would be closest to

The spending variance is the difference between the actual and flexible budget data. The variance is…

Answered: spending variance for medical supplies…

Business

Accounting

spending variance for medical supplies in November would be closest to: Multiple Choice $805 F $805 U $742 U $742 F

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...

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Kaina Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 2,970 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed element per Variable element per client-visit $ 25.80 $ 7.10 month Revenue $ 0 $ 20,200 Personnel expenses Medical supplies 900 4.60 Occupancy expenses Administrative expenses 5,500 0.70 3,500 0.20 Total expenses $ 30,100 $ 12.60 Actual results for May: $ 78,246 $ 42,647 $ 15,002 $ 7,289 $ 4,294 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses The activity variance for net operating income in May would be closest to:
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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-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 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
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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
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