Answered

IDNLearn.com: Where your questions meet expert advice and community support. Discover in-depth and reliable answers to all your questions from our knowledgeable community members who are always ready to assist.

Keisker Clinic uses client-visits as its measure of activity. During November, the clinic budgeted for 2,260 client-visits, but its actual level of activity was 2,250 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 $ 0 $ 54.70 Personnel expenses $ 29,800 $ 20.50 Medical supplies 760 9.30 Occupancy expenses 7,160 2.60 Administrative expenses 4,860 0.70 Total expenses $ 42,580 $ 33.10 Actual results for November: Revenue $ 121,589 Personnel expenses $ 66,865 Medical supplies $ 19,823 Occupancy expenses $ 11,570 Administrative expenses $ 5,659 The personnel expenses in the planning budget for November would be closest to:

Sagot :

Anthougoidn

Answer:

Keisker Clinic

The personnel expenses in the planning budget for November would be closest to:

= $76,130

Explanation:

a) Data and Calculations:

Estimated client visits = 2,260

Actual client visits = 2,250

Budgeting Data:

                                     Fixed element           Variable element

                                        per month                 per client-visit

Revenue                                    $ 0                    $ 54.70

Personnel expenses        $ 29,800                  $ 20.50

Medical supplies                       760                        9.30

Occupancy expenses             7,160                       2.60

Administrative expenses      4,860                        0.70

Total expenses                $ 42,580                   $ 33.10

Actual results for November:

Revenue                                       $ 121,589

Personnel expenses                    $ 66,865

Medical supplies                           $ 19,823

Occupancy expenses                    $ 11,570

Administrative expenses               $ 5,659

Total                                            $225,506

The personnel expenses in the planning budget for November would be closest to:

=  $ 29,800 + ($ 20.50 * 2,260) = $76,130

This amount is based on the estimated or budgeted client-visits and not the actual client-visits for the month.

We appreciate your participation in this forum. Keep exploring, asking questions, and sharing your insights with the community. Together, we can find the best solutions. IDNLearn.com provides the best answers to your questions. Thank you for visiting, and come back soon for more helpful information.