Carvana Clinic Uses Patient-Visits as Its Measure of Activity

question 404

Essay

Carvana Clinic uses patient-visits as its measure of activity. During December, the clinic budgeted for 3,400 patient-visits, but its actual level of activity was 3,100 patient-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: Actual results for December: Required:
Prepare a report showing the clinic's revenue and spending variances for December. Label each variance as favorable (F) or unfavorable (U).

---

Definitions:

Human Resource Department

The department within an organization responsible for managing employee-related functions, such as recruitment, training, and compliance.

Success and Survival

The achievement of desired visions and planned goals paired with the ability to continue existing over time.

Leadership and Management

Refers to the skills, strategies, and processes involved in directing and controlling individuals or groups to achieve organizational goals.

Participation Rate

The percentage of eligible individuals or entities that take part in a particular program or activity.