Askland Clinic uses client-visits as its measure of activity. During October, the clinic budgeted for 3,100 client-visits, but its actual level of activity was 3,130 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:
Actual results for October:
-The spending variance for medical supplies in October would be closest to:
A)$525 U
B)$690 F
C)$690 U
D)$525 F

Question

Askland Clinic uses client-visits as its measure of activity. During October, the clinic budgeted for 3,100 client-visits, but its actual level of activity was 3,130 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:

Actual results for October:

-The spending variance for medical supplies in October would be closest to:

Data used in budgeting:
 Actual results for October: 
-The spending variance for medical supplies in October would be closest to:
A)$525 U 
B)$690 F 
C)$690 U 
D)$525 F

Quizplus · Accepted Answer

The Answer of Askland Clinic uses client-visits as its measure of activity. During October, the clinic budgeted for 3,100 client-visits, but its actual level of activity was 3,130 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:
 Actual results for October: 
-The spending variance for medical supplies in October would be closest to:
A)$525 U 
B)$690 F 
C)$690 U 
D)$525 F

Askland Clinic Uses Client-Visits as Its Measure of Activity