Chirico Clinic uses client-visits as its measure of activity.During February, the clinic budgeted for 2, 500 client-visits, but its actual level of activity was 2, 550 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 net operating income in the flexible budget for February would be closest to:
A)$16, 900
B)$23, 450
C)$18, 140
D)$22, 539

Question

Chirico Clinic uses client-visits as its measure of activity.During February, the clinic budgeted for 2, 500 client-visits, but its actual level of activity was 2, 550 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 net operating income in the flexible budget for February would be closest to:
A)$16, 900 
B)$23, 450 
C)$18, 140 
D)$22, 539

Quizplus · Accepted Answer

The Answer of Chirico Clinic uses client-visits as its measure of activity.During February, the clinic budgeted for 2, 500 client-visits, but its actual level of activity was 2, 550 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 net operating income in the flexible budget for February would be closest to:
A)$16, 900 
B)$23, 450 
C)$18, 140 
D)$22, 539

Chirico Clinic Uses Client-Visits as Its Measure of Activity