Fager Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 2,260 client-visits, but its actual level of
activity was 2,310 client-visits The clinic has provided the following data concerning the formulas used in its budgeting and its actual results
for February:
Data used in budgeting:
Fixed element per
month
Variable element
per client-visit
Revenue
$ 0
$ 68.80
Personnel expenses
$ 32,900
$ 22.10
Medical supplies
1,800
13.10
Occupancy expenses
10,300
4.00
Administrative expenses
5,600
.70
Total expenses
$ 50,600
$ 39.90
Actual results for February:
Revenue
$ 162,210
Personnel expenses
$ 81,645
Medical supplies
$ 31,305
Occupancy expenses
$ 18,000
Administrative expenses
$ 6,215
The revenue variance for February would be closest to:
