Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. d. $107,347.06 20. a clinic uses client visits as

D. $107,347.06 20. A clinic uses client visits as its measure of activity. During November,...

80.2K

Verified Solution

Question

Accounting

image
D. $107,347.06 20. A clinic uses client visits as its measure of activity. During November, the clinic budgeted for 2,500 client visits, but its actual level of activity was 2,520 client visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Variable element per client-visit $44.00 Fixed element per month Revenue Personnel expenses. Medical supplies Occupancy expenses Administrative expenses Total expenses. $26.200 1,200 8.200 4.700 $40.300 $12.50 8.70 1.20 0.30 $22.70 The net operating income in the flexible budget for November would be: A. $9,461 B. $12,950 C. $9,312 D. $13,376

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students