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: Fixed Element per MonthVariable element per client-visitRevenue - $40.00 Personnel expenses$32,400 $13.40Medical supplies 1,500 4.80Occupancy expenses 9,100 2.10Administrative expenses 6,700 0.40Total expenses$49,700 $20.70?Actual results for December: ?Revenue$134,170 Personnel expenses$80,776?Medical supplies$17,302?Occupancy expenses$15,754?Administrative expenses$8,296???The personnel expenses in the planning
budget for December would be closest to:
A. $77,156
B. $80,776
C. $76,620
D. $79,809
Answer: C
You might also like to view...
Hao is a new lawyer in your real estate law firm who comes highly recommended to you because of his high intelligence and experience with real-estate law. You encourage him to be creative and use innovation in problem solving when working on cases. You are using which transformational factor?
A. intellectual stimulation B. contingent reward C. individualized consideration D. idealized influence
In modern real estate law, the doctrine of "caveat lessee" is widely applied to leases
Indicate whether the statement is true or false
Quality is mostly the business of the quality control staff, not ordinary employees
Indicate whether the statement is true or false
Authority of Agent. The Federal Land Bank (FLB) filed an action to foreclose a mortgage on Tom and Judith Sullivan's real estate. Before the trial, FLB's attorney wrote to the Sullivans' attorney, inviting settlement offers. A copy of the letter was
sent to Wayne Williamson, an FLB vice-president. Nine days later, on September 3, the Sullivans' attorney wrote to FLB's attorney expressing interest in settling the case. A copy of this letter was sent to Williamson. On September 11, FLB's attorney replied with an offer that "