Federick Clinic uses client-visits as its measure of activity.During October,the clinic budgeted for 3,000 client-visits,but its actual level of activity was 3,040 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for October: Data used in budgeting:
Actual results for October:
The spending variance for occupancy expenses in October would be closest to:
A) $848 U
B) $780 U
C) $848 F
D) $780 F
Correct Answer:
Verified
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