The personnel expenses in the planning budget for November would be closest to:Multiple Choice$66,265$67,700$67,525$66,568 Keisker Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,190 client-visits. Theclinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:Data used in budgeting:Fixed elementVariable elementper monthper client-visitRevenue$ 0$ 29, 200$ 54.10$ 17.50Personnel expensesMedical supplies7008.70Occupancy expensesAdministrative expenses7,1002.004,8000.10Total expenses$ 41,800$ 28.30Actual results for November:Revenue$ 120,989$ 66,265$ 19,223$ 10,970$ 5,059Personnel expensesMedical suppliesOccupancy expensesAdministrative expensesThe personnel expenses in the planning budget for November would be closest to:

A budget is a financial plan which is associated with future. It could be prepared for the…

Answered: The personnel expenses in the planning…

The personnel expenses in the planning budget for November would be closest to: Multiple Choice $66,265 $67,700 $67,525 $66,568

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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Use the following information for Questions 16 & 17 Ibsen Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 3,300 client-visits, but its actual level of activity was 3,340 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for December: Revenue Personnel expenses Medical supplies 16. $ 134,170 $ 80,776 $ 17,302 Occupancy expenses $ 15,754 Administrative expenses$ 8,296 17. C. d. Fixed element per month a. b. $0 $ 32,400 $76,620 $77,156 $79,809 $80,776 C. d. 1,500 9,100 6,700 $ 49,700 The personnel expenses in the flexible budget for December would be closest to: a. b. Variable element per client-visit $ 40.00 $13.40 4.80 2.10 0.40 $ 20.70 The net operating income in the flexible budget for December would be closest…
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,650 client-visits, but its actual level of activity was 3,640 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue $ 0 $ 36.10 Personnel expenses $ 30,200 $ 11.10 Medical supplies 1,550 6.50 Occupancy expenses 8,300 2.60 Administrative expenses 6,600 0.30 Total expenses $ 46,650 $ 20.50 Actual results for November: Revenue $ 131,586 Personnel expenses $ 70,573 Medical supplies $ 26,021 Occupancy expenses $ 17,277 Administrative expenses $ 7,468 The spending variance for medical supplies in November would be closest to:
Guareno Clinic uses client - visits as its measure of activity. During December, the clinic budgeted for 3, 300 client-visits, but its actual level of activity was 3,210 client - visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December: Data used in budgeting: Fixed element per month Variable element per client - visit Revenue S 0S 46.00 Personnel expenses $ 35,100 S 13.90 Medical supplies 2,400 5.90 Occupancy expenses 10, 800 2.
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,200 client-visits, but its actual level of activity was 4,190 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue - $ 37.20 Personnel expenses $ 31,300 $ 12.20 Medical supplies 2,100 7.60 Occupancy expenses 9,400 3.70 Administrative expenses 7,700 0.20 Total expenses $ 50,500 $ 23.70 Actual results for November: Revenue $ 156,078 Personnel expenses $ 82,376 Medical supplies $ 34,788 Occupancy expenses $ 24,405 Administrative expenses $ 8,291 The activity variance for personnel expenses in November would be closest to:
ennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 3,390 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per month Variable element per client-visit Revenue $ 0 $ 35.60 Personnel expenses $ 29,700 $ 10.60 Medical supplies 1,300 6.00 Occupancy expenses 7,800 2.10 Administrative expenses 6,100 0.20 Total expenses $ 44,900 $ 18.90 Actual results for November: Revenue $ 120,854 Personnel expenses $ 65,608 Medical supplies $ 22,436 Occupancy expenses $ 14,437 Administrative expenses $ 6,563 The activity variance for personnel expenses in November would be closest to: rev: 06_30_2020_QC_CS-208650 Multiple Choice
Kaina Clinic uses client-visits as its measure of activity. During May, the clinic budgeted for 3,000 client-visits, but its actual level of activity was 2,970 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: Fixed element per Variable element per client-visit $ 25.80 $ 7.10 month Revenue $ 0 $ 20,200 Personnel expenses Medical supplies 900 4.60 Occupancy expenses Administrative expenses 5,500 0.70 3,500 0.20 Total expenses $ 30,100 $ 12.60 Actual results for May: $ 78,246 $ 42,647 $ 15,002 $ 7,289 $ 4,294 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses The activity variance for net operating income in May would be closest to:
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 4,100 client-visits, but its actual level of activity was 4,090 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Fixed element per monthVariable element per client-visitRevenue - $37.00 Personnel expenses$31,100 $12.00Medical supplies 2,000 7.40Occupancy expenses 9,200 3.50Administrative expenses 7,500 0.40Total expenses$49,800 $23.30 Actual results for November: Revenue$151,535 Personnel expenses$80,140 Medical supplies$33,104 Occupancy expenses$23,019 Administrative expenses$8,895 The spending variance for medical supplies in November would be closest to: Multiple Choice $838 F $838 U $764 U $764 F
Chimilio Clinic uses client-visits as its measure of activity. During June, the clinic budgeted for 3,400 client-visits, but its actual level of activity was 3,360 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for June: Data used in budgeting: Variable Fixed Element element per per Month client-visit Revenue 33.70 Personnel expenses $27,300 10.70 Medical supplies 1,200 5.50 Occupancy expenses 1.50 000'6 4,100 0.30 Administrative expenses Total expenses $ 41,600 $ MacBook Air %24
Help Save & Exit Leist Clinic uses client-visits as its measure of activity. During September, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,170 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed Variable element per element per month client-visit Revenue $ 50.80 $ 15.60 Personnel expenses $ 26,600 Medical supplies 1,400 9.40 Occupancy expenses Administrative expenses 7,600 2.40 5,300 0.10 Total expenses $ 40,900 $ 27.50 The occupancy expenses in the flexible budget for September would be closest to: Multiple Choice $13,583 $13 3,21 $12,808 $12,880
Duprey Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,150 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting: Fixed Element Variable element per per Month client-visit Revenue $58.40 Personnel expenses $33,500 $18.00 Medical supplies 1,000 9.90 Occupancy expenses Administrative expenses 9,300 2.20 5,300 0.40 Total expenses $49,100 $30.50 Actual results for January: Revenue $127,950 Personnel expenses $ 69,720 $ 23,125 $ 14,290 $ 5,930 Medical supplies Occupancy expenses Administrative expenses The administrative expenses in the planning budget for January would be closest to:
Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,300 client-visits, but its actual level of activity was 3,290 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses Total expenses Actual results for November: Fixed Element per Month Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses $ 29,500 1,200 7,600 5,900 $ 44,200 Variable element per client-visit $ 35.40 $ 10.40 5.80 1.90 0.30 $18.40 $116,656 $ 63,686 $ 21,072 $ 13,371 $ 6,677 The administrative expenses in the planning budget for November would be closest to:
Duprey Clinic uses client-visits as its measure of activity. During January, the clinic budgeted for 2,200 client-visits, but its actual level of activity was 2,150 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting: Variable Element per Fixed Element Client- per Month Visit Revenue $58.40 $18.00 Personnel expenses Medical supplies Occupancy expenses Administrative expenses $33,500 1,000 9,300 9.90 2.20 5,300 0.40 Total expenses $49,100 $30.50 Actual results for January: $127,950 $ 69,720 $ 23,125 $ 14,290 $ 5,930 Revenue Personnel expenses Medical supplies Occupancy expenses Administrative expenses The personnel expenses in the planning budget for January would be closest to: