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