Examlex

Solved

Lantagne Clinic Uses Client-Visits as Its Measure of Activity

question 117

Multiple Choice

Lantagne Clinic uses client-visits as its measure of activity.During May, the clinic budgeted for 3, 800 client-visits, but its actual level of activity was 3, 820 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Lantagne Clinic uses client-visits as its measure of activity.During May, the clinic budgeted for 3, 800 client-visits, but its actual level of activity was 3, 820 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting:   Actual results for May:   The activity variance for net operating income in May would be closest to: A) $386 F B) $386 U C) $284 U D) $284 F Actual results for May: Lantagne Clinic uses client-visits as its measure of activity.During May, the clinic budgeted for 3, 800 client-visits, but its actual level of activity was 3, 820 client-visits.The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting:   Actual results for May:   The activity variance for net operating income in May would be closest to: A) $386 F B) $386 U C) $284 U D) $284 F The activity variance for net operating income in May would be closest to:

Recognize that health disparities are influenced by multiple factors including social status, economics, and environment, and the importance of addressing these disparities in healthcare delivery.
Understand the role of cultural assessments in developing a trusting relationship and enhancing communication to facilitate accurate diagnosis and effective treatment plans.
Understand the importance of respecting and supporting the spiritual needs of patients.
Identify appropriate interventions to establish presence and support for patients.

Definitions:

Overhead Controllable Variance

Overhead controllable variance refers to the difference between expected controllable overhead costs and the actual costs directly managed by a department or manager.

Overhead Volume Variance

A measure used to evaluate the difference between expected and actual overhead costs, based on the volume of goods produced.

Materials Price Variance

The difference between the actual cost of materials used in production and the standard cost that was expected or budgeted.

Materials Quantity Variance

The difference between the actual amount of materials used in production and the standard amount expected, measured in terms of cost.

Related Questions