Hagel Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,300 client-visits, but its actual level of activity was 2,320 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Actual results for July: The revenue variance for July would be closest to:
A)$2,570 F
B)$1,678 U
C)$1,678 F
D)$2,570 U

Question

Hagel Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,300 client-visits, but its actual level of activity was 2,320 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:  Actual results for July:  The revenue variance for July would be closest to:
A)$2,570 F 
B)$1,678 U 
C)$1,678 F 
D)$2,570 U

Quizplus · Accepted Answer

The Answer of Hagel Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 2,300 client-visits, but its actual level of activity was 2,320 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting:  Actual results for July:  The revenue variance for July would be closest to:
A)$2,570 F 
B)$1,678 U 
C)$1,678 F 
D)$2,570 U

Hagel Clinic Uses Client-Visits as Its Measure of Activity