Tennies Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 3,750 client-visits, but its actual level of activity was 3,740 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for November:
Data used in budgeting:
Fixed element per month Variable element per client-visit
Revenue - $ 36.30
Personnel expenses $ 30,400 $ 11.30
Medical supplies 1,650 6.70
Occupancy expenses 8,500 2.80
Administrative expenses 6,800 0.50
Total expenses $ 47,350 $ 21.30
Actual results for November:
Revenue $ 135,949 Personnel expenses $ 72,629
Medical supplies $ 27,525
Occupancy expenses $ 18,483
Administrative expenses $ 8,444
The activity variance for personnel expenses in November would be closest to:
Multiple Choice
$113 F
$113 U
$146 F
$146 U