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Lizana Clinic uses client-visits as its measure of activity. During December, the clinic budgeted for 3,700 client-visits, but its actual level of activity was 3,680 client-visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for December

Data used in budgeting:

Picture

Actual results for December:

Picture

The net operating income in the planning budget for December would be closest to:
$10,125
$10,016
$14,920
$15,250

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M9795799

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