This Question: 1 pt 9 of 10 (8 complete) This Quiz: 10 pts pos Everyone Deserves

Question

This Question: 1 pt 9 of 10 (8 complete) This Quiz: 10 pts pos Everyone Deserves to Smile mobile dentist office budgeted for 4,315 patient visits a year. Everyone Deserves to Smile actually saw 4,485 patients during the year and they have provided the following data Fixed Portion for Budget Variable Portion per patient visit for Budget Actual Results 71.00 Revenue Personnel Expenses Medical Supplies Occupancy Expenses Admin Expenses 410.300 76000 $38.700 $15,000 520,000 80.000 8,000 $17.000 $9.00 $1.50 0.75 Based on the given information, what is the fexible budget variance for admin expenses A. 5363 75 Unfavorable 8 $363 75 Favorable C. S23625 Favorable D. $236 25 Unfavorable

Explanation / Answer

Correct Answer is B. $363.75 favourable.

Calculations:

Flexible Budget variance Budgeted Expense- Actual Expense 20363.75-20000 363.75 favourable

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