Leven Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,050 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for September: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Fixed element per Variable element per month $0 $ 23,900 1,400 5,700 5,100 $36,100 client-visit $31.00 $10.70 The personnel expenses in the planning budget for September would be closest to: 3.90 1.10 0.10 $ 15.80

Leven Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 3,050 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting for September: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Fixed element per Variable element per month $0 $ 23,900 1,400 5,700 5,100 $36,100 client-visit $31.00 $10.70 The personnel expenses in the planning budget for September would be closest to: 3.90 1.10 0.10 $ 15.80

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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