Adeyemo Clinic Uses Patient-Visits as Its Measure of Activity

question 67

Essay

Adeyemo Clinic uses patient-visits as its measure of activity. During July, the clinic budgeted for 2,500 patient-visits, but its actual level of activity was 2,800 patient-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for July:
Data used in budgeting: Actual results for July: Required:
Prepare the clinic's flexible budget performance report for July. Label each variance as favorable (F) or unfavorable (U).

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Definitions:

Kingpin

A kingpin is a critical component in the steering mechanism of a vehicle, connecting the steer axle to the wheels and enabling pivoting for steering.

Welded

Refers to the process of joining metal parts together by melting the pieces and adding a filler material to form a strong bond upon cooling.

Bolted

indicates a method of assembling or securing components using bolts, which are types of fasteners designed to hold materials together or to position them.

Upper Coupler

The kingpin deck plate on a trailer that rides on the fifth wheel on a tractor or lead trailer. Built into the subframe of the trailer. Kingpin may be welded or bolted (riveted in much older trailers) into the upper coupler assembly.