Buonocore Clinic uses client-visits as its measure of activity. During August, the clinic budgeted for 2,800 client-visits, but its actual level of activity was 2,770 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting: Actual results for August: The revenue variance for August would be closest to:
A)$4,150 F
B)$2,764 F
C)$2,764 U
D)$4,150 U

Question

Buonocore Clinic uses client-visits as its measure of activity. During August, the clinic budgeted for 2,800 client-visits, but its actual level of activity was 2,770 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting:  Actual results for August:  The revenue variance for August would be closest to:
A)$4,150 F 
B)$2,764 F 
C)$2,764 U 
D)$4,150 U

Quizplus · Accepted Answer

The Answer of Buonocore Clinic uses client-visits as its measure of activity. During August, the clinic budgeted for 2,800 client-visits, but its actual level of activity was 2,770 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting:  Actual results for August:  The revenue variance for August would be closest to:
A)$4,150 F 
B)$2,764 F 
C)$2,764 U 
D)$4,150 U

Buonocore Clinic Uses Client-Visits as Its Measure of Activity