During April, Shvey Clinic plans for an activity level of 2,100 patient-visits. Revenue is $48.10 per patient-visit. Personnel expenses are $28,800 per month plus $12.30 per patient-visit. Medical supplies are $1,300 per month plus $8.10 per patient-visit. Occupancy expenses are $8,100 per month plus $2.00 per patient-visit. Administrative expenses are $2,900 per month plus $0.20 per patient-visit.Required:Prepare the clinic's planning budget for April.
What will be an ideal response?
| Shvey Clinic | ||
| Planning Budget | ||
| For the Month Ended April 30 | ||
| Budgeted patient-visits (q) | 2,100 | |
| Revenue ($48.10q) | $ | 101,010 |
| Expenses: | ||
| Personnel expenses ($28,800 + $12.30q) | 54,630 | |
| Medical supplies ($1,300 + $8.10q) | 18,310 | |
| Occupancy expenses ($8,100 + $2.00q) | 12,300 | |
| Administrative expenses ($2,900 + $0.20q) | 3,320 | |
| Total expense | 88,560 | |
| Net operating income | $ | 12,450 |
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