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McCarter clinic bases its budgets on the activity measure patient-visits. During

ID: 2375710 • Letter: M

Question

McCarter clinic bases its budgets on the activity measure patient-visits. During April, the clinic planned for 2,700 patient-visits, but its actual level of activity was 2,400 patient visits. The clinic has provided the following data concerning the formula it uses in its budgeting:

                                                Fixed element per month                               Variable element per patient visit

Revenue...................                                                                                      $46.50

Personnel expenses.....           $ 33,500                                                         $13.50

Medical Supplies..........            $1,200                                                           $8.30

Occupancy expenses.....          $ 9,100                                                          $1.50

Administrative expenses          $ 4,400                                                          $0.40

Prepare a report showing the clinic's activity variances for April. Indicate in each case whether the variance is favorable (F) or unfavorable (U)

Explanation / Answer


Moorhouse Clinic uses client visits as its measure of activity. During December, the clinic budgeted for 3,700 client visits, but its actual level of activity was 3,690 client visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December:

Data used in budgeting:
Fixed element Variable element
per month per client-visit

Revenue ____-____ $25.10
Personnel expenses $27,100 $7.10
Medical supplies 1,500 4.50
Occupancy expenses 6,000 1.00
Administrative expenses 3,000 0.10
Total expenses $37,600 $12.70

Actual results
for December:
Revenue $96,299
Personnel expenses $51,009
Medical supplies $17,425
Occupancy expenses $9,240
Administrative expenses $3,239


16. The medical supplies in the flexible budget for December would be closest to

A. $18,150.


=$1,500 + $4.50 x 3,690 = $18,105