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

Question

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:

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

Quizplus · Accepted Answer

The Answer of 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

Federick Clinic Uses Client-Visits as Its Measure of Activity