Thews Clinic Uses Patient-Visits as Its Measure of Activity

Essay

Thews Clinic uses patient-visits as its measure of activity.During August,the clinic budgeted for 2,000 patient-visits,but its actual level of activity was 2,200 patient-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for August: Required:
Prepare the clinic's flexible budget performance report for August.Label each variance as favorable (F) or unfavorable (U).