During November, the clinic budgeted for 3,100 client-visits, but its actual lev

Question

During November, the clinic budgeted for 3,100 client-visits, but its actual level of activity was 3,070 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:

Data used in budgeting:

Actual results for November:

Revenue ........ $125,611

Personal Expenses....... $63,400

Medical Supplies.......$22,893

Occupancy Expenses........ $13,218

Administrative Expenses...... $5,731

The net operating income in the flexible budget for november would be closest to:

A.) $20,172

B.)$13,870

C.)$13,249

D.)$20,568

Explanation / Answer

operating income = 3070 * 39.30 - 50300 - 3070 * 18.60 = 13249

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