Federick Clinic Uses Client-Visits as Its Measure of Activity

question 225

Multiple Choice

Federick Clinic uses client-visits as its measure of activity.During October, the clinic budgeted for 3, 000 client-visits, but its actual level of activity was 3, 040 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for October: Data used in budgeting: Actual results for October: The activity variance for administrative expenses in October would be closest to:

• A)$152 U
• B)$152 F
• C)$8 U
• D)$8 F

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Definitions:

Universal Standards

Principles or criteria that are globally accepted and applied across various industries, fields, or disciplines to ensure consistency, quality, and effectiveness.

Raw Material Inputs

Basic materials that are used in the manufacturing process to produce goods and finished products.

Corporate Social Responsibility

A business approach that contributes to sustainable development by delivering economic, social, and environmental benefits for all stakeholders.

Performance Measure

Criteria or benchmarks used to assess the effectiveness or success of an individual, team, or company's work or output.