Question

Everyone Deserves to Smile mobile dentist office budgeted for 4355 patient visits a year. Everyone Deserves to Smile actually saw 4500 patients during the year and they have provided the following data: Fed Portion for Budow. Marable Portion per C one Actual Results Revenue $711 $70,000 Medical Supplies S16 Occupancy Expenses $9000 Admin Expenses $18.000 $0.75 Based on the given information, what is the flexible budget variance for revenue? $10.295 Favorable $410.800 $68,000 $38.400 $19,000 $19,850 591.300 Favorable $10.295 Unfavorable $91,300 Unfavorable

Answer 1

Answer

--Correct Answer = Option #2: $ 91,300 favourable

A	Flexible Budget Revenue	$319,500	4500 actual patient x $71
B	Actual Revenue	$410,800
C = B - A	Flexible Budget Revenue Variance	$91,300	Favourable, as Actual revenue is MORE than Flexible Budget revenue