Sroufe Clinic bases its budgets on the activity measure patient-visits. During July, the clinic planned for 3,500 patient-visits, but its actual level of activity was 4,000 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting: Required:
Prepare a report showing the clinic's activity variances for July. Indicate in each case whether the variance is favorable (F) or unfavorable (U).

Question

Sroufe Clinic bases its budgets on the activity measure patient-visits. During July, the clinic planned for 3,500 patient-visits, but its actual level of activity was 4,000 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting:  Required:
Prepare a report showing the clinic's activity variances for July. Indicate in each case whether the variance is favorable (F) or unfavorable (U).

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The Answer of Sroufe Clinic bases its budgets on the activity measure patient-visits. During July, the clinic planned for 3,500 patient-visits, but its actual level of activity was 4,000 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting:  Required:
Prepare a report showing the clinic's activity variances for July. Indicate in each case whether the variance is favorable (F) or unfavorable (U).

Sroufe Clinic Bases Its Budgets on the Activity Measure Patient-Visits