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Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for...

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Accounting

Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,270 client-visits, but its actual level of activity was 2,320 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue - $ 68.90 Personnel expenses $ 33,000 $ 22.20 Medical supplies 1,900 13.20 Occupancy expenses 10,400 4.10 Administrative expenses 5,700 .80 Total expenses $ 51,000 $ 40.30 Actual results for February: Revenue $ 163,210 Personnel expenses $ 81,845 Medical supplies $ 31,505 Occupancy expenses $ 18,200 Administrative expenses $ 6,415 The revenue variance for February would be closest to: Multiple Choice $3,362 U $3,362 F $6,807 U $6,807 F

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