1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Masja [62]
3 years ago
12

Bartosiewicz Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 3,100 client-visits,

but its actual level of activity was 3,080 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue - $ 35.10 Personnel expenses $ 27,100 $ 11.10 Medical supplies 1,100 5.10 Occupancy expenses 10,100 1.00 Administrative expenses 6,100 0.20 Total expenses $ 44,400 $ 17.40 Actual results for January: Revenue $ 124,660 Personnel expenses $ 72,010 Medical supplies $ 22,702 Occupancy expenses $ 14,610 Administrative expenses $ 8,115 The activity variance for net operating income in January would be closest to:
Business
1 answer:
Degger [83]3 years ago
7 0

Answer:

$354 Favorable

Explanation:

Net Operating Income in Planned budget = Revenue - Total Expense

Net Operating Income in Planned budget = (3,100*$35.10) - (3,100*$17.40 + $44,400)

Net Operating Income in Planned budget = $108,810 - $98,340

Net Operating Income in Planned budget = $10,470

Net Operating Income in Flexible budget = Revenue - Total Expense

Net Operating Income in Flexible budget = (3,080*$35.10) - (3,080*$17.40 + $44,400)

Net Operating Income in Flexible budget = $108,108 - $97,992

Net Operating Income in Flexible budget = $10,116

Activity variance for net operating income = Net Operating Income in Planned budget - Net Operating Income in Flexible budget

Activity variance for net operating income = $10,470 - $10,116

Activity variance for net operating income = $354 Favorable

You might be interested in
A disadvantage of the free cash flow valuation method is A. The free cash flow method is not used widely in practice. B. The ter
SSSSS [86.1K]

The main disadvantage of the valuation method is that the terminal value tends to dominate the total value in many cases.

In a free cash flow valuation, the intrinsic value equals present value of its free cash flow and thus, the net cash flow is left over for distribution to stockholders and debt-holders in each period.

  • So, the disadvantage of the free cash flow valuation method is that the terminal value tends to dominate the total value in many cases.

Hence, the Option B is correct.

Read more about this here

<em>brainly.com/question/22593826</em>

7 0
2 years ago
Model 25% with a 10×10 grid.
diamong [38]
It will be 4 I think check your work I don’t know
4 0
3 years ago
Tanning Company analyzes its receivables to estimate bad debt expense The accounts receivable balance is $300 000 and credit sal
pentagon [3]

Answer: Bad Debt Expense 28,000 Allowance for Doubtful Accounts 28,000

Explanation:

Account receivable = 300,000

Percentage uncollectible = 10%

Current balance = 2000

Adjustment to allowance for uncollectible accounts is given by :

(Account receivable ×percentage uncollectible) - current balance

(300,000 × 10%) - 2000

(300,000 × 0.1) × 2000

30,000 - 2000 = 28,000

Therefore, adjustment should be :

bad debt expense debit 28,000

allowance for doubful account credit 28,000

6 0
3 years ago
Evaluate the costs and benefits associated with achieving iso 9000/9001 certification status for a specific product- or service-
Nataliya [291]
Coooooolllllllllllllll
8 0
3 years ago
The Golden Rule means to treat others the way you want to be treated. This should prevent you from being rude, ugly, mean, disho
olganol [36]

Answer:

True

Explanation:

You should always treat others the way you want to be treated.  If you were the one who could be treated badly, would your actions be different?

7 0
3 years ago
Read 2 more answers
Other questions:
  • A string or rope will break apart if it is placed under too much tensile stress. Thicker ropes can withstand more tension withou
    8·1 answer
  • Metal Smelting, Inc., operates a plant¾a "major source"¾that emits hazardous air pollutants for which the Environmental Protecti
    15·1 answer
  • Both Phoebe and Connor are trying to maximize their lifetime income. Each has a different plan on how to do it best.
    7·2 answers
  • Examples of fast-moving consumer goods are _____.
    13·1 answer
  • If a policyowner unintentionally pays premiums in excess of the MEC guidelines, the excess premium can be refunded by the insure
    13·1 answer
  • If speech is merely for amusement, it is a(n) _____ form of speech.
    14·2 answers
  • 1. An open market purchase A. shifts the supply curve for reserves to the right and causes the federal funds rate to fall. B. sh
    12·1 answer
  • sykes company has sales revenue of $585,700. Cost of goods sold before adjustment is $335,900. The company's actual manufacturin
    7·1 answer
  • Your hand:
    9·1 answer
  • Which of the following policies would lead to greater productivity in the weaving industry? Check all that apply. Encouraging sa
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!