Kestner Clinic uses patient-visits as its measure of activity.During September,the clinic budgeted for 3,000 patient-visits,but its actual level of activity was 2,900 patient-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:
Data used in budgeting: Actual results for September: Required:
Prepare a report showing the clinic's revenue and spending variances for September.Label each variance as favorable (F)or unfavorable (U).

Question

Kestner Clinic uses patient-visits as its measure of activity.During September,the clinic budgeted for 3,000 patient-visits,but its actual level of activity was 2,900 patient-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:
Data used in budgeting:  Actual results for September:  Required:
Prepare a report showing the clinic's revenue and spending variances for September.Label each variance as favorable (F)or unfavorable (U).

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The Answer of Kestner Clinic uses patient-visits as its measure of activity.During September,the clinic budgeted for 3,000 patient-visits,but its actual level of activity was 2,900 patient-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for September:
Data used in budgeting:  Actual results for September:  Required:
Prepare a report showing the clinic's revenue and spending variances for September.Label each variance as favorable (F)or unfavorable (U).

Kestner Clinic Uses Patient-Visits as Its Measure of Activity