Hagel Clinic uses client-visits as its measure of activity.During July, the clinic budgeted for 2, 300 client-visits, but its actual level of activity was 2, 320 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Actual results for July: The revenue variance for July would be closest to:
A)$2, 570 F
B)$1, 678 U
C)$1, 678 F
D)$2, 570 U

Question

Hagel Clinic uses client-visits as its measure of activity.During July, the clinic budgeted for 2, 300 client-visits, but its actual level of activity was 2, 320 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:  Actual results for July:  The revenue variance for July would be closest to:
A)$2, 570 F 
B)$1, 678 U 
C)$1, 678 F 
D)$2, 570 U

Quizplus · Accepted Answer

The Answer of Hagel Clinic uses client-visits as its measure of activity.During July, the clinic budgeted for 2, 300 client-visits, but its actual level of activity was 2, 320 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:  Actual results for July:  The revenue variance for July would be closest to:
A)$2, 570 F 
B)$1, 678 U 
C)$1, 678 F 
D)$2, 570 U

Hagel Clinic Uses Client-Visits as Its Measure of Activity