Isadore Hospital bases its budgets on patient-visits. The hospital's static planning budget for July appears below:
Actual results for the month were:

-The spending variance for occupancy costs in the flexible budget performance report for the month is:

Question

Isadore Hospital bases its budgets on patient-visits. The hospital's static planning budget for July appears below:
  Actual results for the month were:
 
-The spending variance for occupancy costs in the flexible budget performance report for the month is:

Quizplus · Accepted Answer

11ea7761_1782_9c31_81a5_7d16e1c7a868_TB2580_00 Because the actual expense is less than the flexible budget, the variance is favorable (F).

Isadore Hospital Bases Its Budgets on Patient-Visits