> Moving to another question will save this response Question 23 of 50 estion 23
ID: 2594678 • Letter: #
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> Moving to another question will save this response Question 23 of 50 estion 23 1 points Save Ans Keisker Clinic uses dlient-visits as its measure of activity. During November, the cinic budgeted for 2.200 client-visits, but its actual level of activity was 2,190 client-visits The cinic has provided the following data concermning the formuas used in its budgeting and its actual results for November Fixed elenent Variable o per month per client-visit 54.18 s 29,200 $17.50 8.7e 2.08 Medical supplies Occupancy expenses Adrinistrative expenses Total expenses 7, 1ee 4.Bee s 41,88e 28.3 Actual results for November Personnel expenses Nedical supplies Occupancy expenses edeinistrative expen $ 12 ,989 66,265 s 19,223 s 1e,97e 5 5,859 The spending variance for occupancy expenses in November would be closest to $530 U $510 F S510 U $530 F 8-2 ^ Type here to searchExplanation / Answer
Ans is 530 F
Because
Budgeted Occupancy expense= (2*2,200)+7,100
=$11,500
Actual Occupancy expense= 10,970
So, Spending variance=10,970-11,500
=(530)
As my budgeted expense is more than my actual expense so we have the favorable balance of 530.
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