KAffordable Smiles mobile dentist office budgeted for 4,320 patient visits a year. Affordable Smiles actually saw 4,480 patients during the year and they have provided the following data:Fixed Portion for Budget Variable Portion per Actual Resultspatient visit for BudgetRevenue$66.00$408,800Personnel Expenses$60,000$52,000Medical Supplies$13.00$38,100Occupancy Expenses$11,000$1.75$15,000Admin Expenses$18,000$0.50$19,650Based on the given information, what is the flexible budget variance for revenue?A. $10,560 UnfavorableB. $113,120 UnfavorableC. $113,120 FavorableD. $10,560 Favorable

Flexible Budget Variance-Flexible Budget Variance is the difference between the actual result and…

Answered: OA. $10,560 Unfavorable OB. $113,120…

Business

Accounting

OA. $10,560 Unfavorable OB. $113,120 Unfavorable OC. $113,120 Favorable OD. $10,560 Favorable

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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