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shutvik [7]
3 years ago
11

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 element per month Variable element per client-visit Revenue $ 44.50 Personnel expenses $ 26,100 $ 12.60 Medical supplies 600 7.20 Occupancy expenses 6,500 2.40 Administrative expenses 3,100 0.10 Total expenses $ 36,300 $ 22.30 Actual results for September: Revenue $ 93,240 Personnel expenses $ 50,754 Medical supplies $ 15,328 Occupancy expenses $ 11,646 Administrative expenses $ 3,394 The revenue variance for September would be closest to:
Business
1 answer:
Vika [28.1K]3 years ago
8 0

Answer:

the revenue variance is $1,990 unfavorable

Explanation:

The computation of the revenue variance is shown below:

Revenue variance

= Flexible revenue - actual revenue

= (2140 × $44.50)  - $93,240

= $1,990 Unfavorable

hence, the revenue variance is $1,990 unfavorable

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