Tuason Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 2,900 client-visits, but its actual level of activity was 2,930 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May:

Data used in budgeting:
Actual results for May:
-The spending variance for occupancy expenses in May would be closest to:
A)$710 U
B)$710 F
C)$629 F
D)$629 U

Question

Tuason Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 2,900 client-visits, but its actual level of activity was 2,930 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May:

Data used in budgeting:

Actual results for May:

-The spending variance for occupancy expenses in May would be closest to:

Data used in budgeting:
 Actual results for May: 
-The spending variance for occupancy expenses in May would be closest to:
A)$710 U 
B)$710 F 
C)$629 F 
D)$629 U

Quizplus · Accepted Answer

The Answer of Tuason Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 2,900 client-visits, but its actual level of activity was 2,930 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May:

Data used in budgeting:
 Actual results for May: 
-The spending variance for occupancy expenses in May would be closest to:
A)$710 U 
B)$710 F 
C)$629 F 
D)$629 U

Tuason Clinic Uses Client-Visits as Its Measure of Activity