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).
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