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
What type of financial aid does not require you to pay money back
9966 [12]
Section 8 does not require you to pay them back

8 0
3 years ago
Read 2 more answers
The PC Works assembles custom computers from components supplied by various manufacturers. The company is very small and its ass
Setler [38]

Answer:

1.The cost of a hard drive installed in a computer = Direct Material Cost

Explanation:

Direct Material relates to the basic inputs required to make the final good.

Here, for the information it is provided that, PC Works assembles custom computers, which are supplied by various manufacturers.

Since the main business of PC Works is to assemble the computers, installing a hard disk will be the main component of service, thus, It is part of direct material.

5 0
3 years ago
Ajax Corp., an American company, owns a factory in China. Managers often report back to headquarters in the U.S. that Chinese go
Luden [163]

Answer:

The correct answer is bureaucratic.

Explanation:

Bureaucracy is the organization or structure that is characterized by centralized and decentralized procedures, division of responsibilities, work specialization, hierarchy and impersonal relationships. The term is used in sociology, in administrative science and, especially, in public administration. It could be defined as a set of techniques or methodologies arranged to learn or rationalize the external reality (to which it intends to control the central power) in order to know it and call it in a standardized or uniform way. A clear example of this characteristic of bureaucracies, particularly those of government, is the hiring and assignment or removal of personnel, that is, officials, according to explicit criteria and relevant to the performance of duties.

4 0
3 years ago
A perfectly competitive market has? a. only one seller. b. at least a few sellers. c. many buyers and sellers. d. firms that set
Ghella [55]

A perfectly competitive market has many buyers and sellers (option c).

<h3>What is a perfectly competitive market ?</h3>

A perfectly competitive market is a market where there are many buyers and sellers of identical goods and services. Market prices are set by the forces of demand and supply. There are no barriers to entry or exit of firms into the industry. These makes buyers and sellers price takers.

An example of a perfectly competitive market is the market for tomatoes.

To learn more about perfect competition, please check: brainly.com/question/17110476

#SPJ1

3 0
2 years ago
​________ is defined as the shared technology resources that provide the platform for the​ firm's specific information systems a
Ksenya-84 [330]
Hello
the answer is b
have a nice day
7 0
3 years ago
Other questions:
  • Joe reconciles his checking account check register to the penny every month with the bank’s statement. After accurately recordin
    15·1 answer
  • g Bumblebee Company estimates that 379,500 direct labor hours will be worked during the coming year, 2020, in the Packaging Depa
    13·1 answer
  • Drag the tiles to the correct boxes to complete the pairs. Match the different types of communications with their descriptions.
    5·1 answer
  • What are 3 ways through which you might obtain employment experiences
    12·1 answer
  • One drawback of mailed marketing surveys is
    6·2 answers
  • The risk-free rate of interest, kRF, is 6 percent. The overall stock market has an expected return of 12 percent. Nutshell, Inc.
    6·1 answer
  • Read the scenario A business sells widgetsEach week receives a shipment on Monday and is sold out by Tuesday.
    6·2 answers
  • Sarah borrowed $16,500 on May 23 with interest due on September 3. If the interest rate is 9%, find the interest on the loan usi
    5·2 answers
  • Which of these are illegal activities? Check all that apply.
    14·2 answers
  • How to report illegal immigrants at work anonymously?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!