Labombard Clinic Uses Client-Visits as Its Measure of Activity

question 164

Multiple Choice

Labombard Clinic uses client-visits as its measure of activity. During February, the clinic budgeted for 3,600 client-visits, but its actual level of activity was 3,650 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for February:

Data used in budgeting:

Actual results for February:

-The net operating income in the planning budget for February would be closest to:

• A)$7,382
• B)$7,800
• C)$8,425
• D)$7,589

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Definitions:

Gold Rush

A rapid movement of people to an area where gold has been discovered, with significant historical occurrences in the United States, Australia, and South Africa.

Prospectors

Individuals who search for mineral deposits, particularly gold and silver, often during historical gold rushes.

California

A state located on the west coast of the United States, known for its diverse geography, significant economic contributions, and cultural influence.

Catholic Immigrants

Individuals who migrate from one country to another and identify with the Catholic faith, often contributing to the religious diversity of their new country.