Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,390 client-visits, but its actual level of activity was 2,440 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: Actual results for February:
The revenue variance for February would be closest to:
A) $4,166 U
B) $4,166 F
C) $7,671 U
D) $7,671 F

Question

Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,390 client-visits, but its actual level of activity was 2,440 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:  Actual results for February:
 The revenue variance for February would be closest to:
A) $4,166 U 
B) $4,166 F 
C) $7,671 U 
D) $7,671 F

Quizplus · Accepted Answer

The Answer of Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,390 client-visits, but its actual level of activity was 2,440 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:  Actual results for February:
 The revenue variance for February would be closest to:
A) $4,166 U 
B) $4,166 F 
C) $7,671 U 
D) $7,671 F

Fager Clinic Uses Client-Visits as Its Measure of Activity