Dilley Clinic Uses Patient-Visits as Its Measure of Activity

Essay

Dilley Clinic uses patient-visits as its measure of activity.During November, the clinic budgeted for 3,100 patient-visits, but its actual level of activity was 3,500 patient-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: Actual results for November: Required:
Prepare a report showing the clinic's revenue and spending variances for November.Label each variance as favorable (F)or unfavorable (U).