Bruess Clinic uses patient-visits as its measure of activity. During July, the clinic budgeted for 2,700 patient-visits, but its actual level of activity was 3,200 patient-visits. The clinic uses the following revenue and cost formulas in its budgeting, where q is the number of patient-visits: The clinic reported the following actual results for July: Required:
Prepare a report showing the clinic's revenue and spending variances for July. Label each variance as favorable (F) or unfavorable (U).

Question

Bruess Clinic uses patient-visits as its measure of activity. During July, the clinic budgeted for 2,700 patient-visits, but its actual level of activity was 3,200 patient-visits. The clinic uses the following revenue and cost formulas in its budgeting, where q is the number of patient-visits:  The clinic reported the following actual results for July:  Required:
Prepare a report showing the clinic's revenue and spending variances for July. Label each variance as favorable (F) or unfavorable (U).

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The Answer of Bruess Clinic uses patient-visits as its measure of activity. During July, the clinic budgeted for 2,700 patient-visits, but its actual level of activity was 3,200 patient-visits. The clinic uses the following revenue and cost formulas in its budgeting, where q is the number of patient-visits:  The clinic reported the following actual results for July:  Required:
Prepare a report showing the clinic's revenue and spending variances for July. Label each variance as favorable (F) or unfavorable (U).

Bruess Clinic Uses Patient-Visits as Its Measure of Activity