Bruess Clinic uses patient-visits as its measure of activity.During July,the clinic budgeted for 2,700 patient-visits,but its actual level of activity was 3,200 patient-visits.The clinic uses the following revenue and cost formulas in its budgeting,where q is the number of patient-visits: The clinic reported the following actual results for July: Required:
Prepare a report showing the clinic's revenue and spending variances for July.Label each variance as favorable (F)or unfavorable (U).

Question

Bruess Clinic uses patient-visits as its measure of activity.During July,the clinic budgeted for 2,700 patient-visits,but its actual level of activity was 3,200 patient-visits.The clinic uses the following revenue and cost formulas in its budgeting,where q is the number of patient-visits:  The clinic reported the following actual results for July:  Required:
Prepare a report showing the clinic's revenue and spending variances for July.Label each variance as favorable (F)or unfavorable (U).

Quizplus · Accepted Answer

The Answer of Bruess Clinic uses patient-visits as its measure of activity.During July,the clinic budgeted for 2,700 patient-visits,but its actual level of activity was 3,200 patient-visits.The clinic uses the following revenue and cost formulas in its budgeting,where q is the number of patient-visits:  The clinic reported the following actual results for July:  Required:
Prepare a report showing the clinic's revenue and spending variances for July.Label each variance as favorable (F)or unfavorable (U).

Bruess Clinic Uses Patient-Visits as Its Measure of Activity