Federick Clinic uses client-visits as its measure of activity. During October, the clinic budgeted for...
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Accounting
Federick Clinic uses client-visits as its measure of activity. During October, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,040 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for October: Data used in budgeting:
| Fixed element per month | Variable element per client-visit | |||||
| Revenue | $ | 51.20 | ||||
| Personnel expenses | $ | 36,600 | $ | 18.10 | ||
| Medical supplies | 1,000 | 6.80 | ||||
| Occupancy expenses | 12,100 | 1.70 | ||||
| Administrative expenses | 4,800 | 0.20 | ||||
| Total expenses | $ | 54,500 | $ | 26.80 | ||
|
| ||||||
Actual results for October:
| Revenue | $ | 158,578 | |
| Personnel expenses | $ | 87,314 | |
| Medical supplies | $ | 21,452 | |
| Occupancy expenses | $ | 18,048 | |
| Administrative expenses | $ | 5,248 | |
The activity variance for administrative expenses in October would be closest to:
$152 F
$8 U
$152 U
$8 F
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