Labombard Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 3,600 client-visits, but its actual level of activity was 3,650 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February:
Data used in budgeting:
Actual results for February:
-The net operating income in the planning budget for February would be closest to:
A) $7,382
B) $7,800
C) $8,425
D) $7,589
Correct Answer:
Verified
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