User Account

All Pages

Werber clinic uses client visits as its measure of activity

Assignment Help Accounting Basics
Reference no: EM13597644

Werber Clinic uses client visits as its measure of activity. During January, the clinic budgeted for 2,700 client visits, but its actual level of activity was 2,730 client visits. The clinic has provided the following data concerning the formulas used in its budgeting and its actual results for January:

  • Data used in budgeting:
  • Fixed element Variable element
  • per month per client-visit
  • Revenue ___-___ $33.60
  • Personnel expenses $22,100 $8.70
  • Medical supplies 1,100 6.60
  • Occupancy expenses 5,600 1.60
  • Administrative expenses 3,700 0.40
  • Total expenses $32,500 $17.30
  • Actual results
  • for January:
  • Revenue $93,408
  • Personnel expenses $46,251
  • Medical supplies $19,348
  • Occupancy expenses $9,508
  • Administrative expenses $4,772

Reference no: EM13597644

Questions Cloud

The adams company a merchandising firm has budgeted its : the adams company a merchandising firm has budgeted its activity for november according to the following
Heath cosmetics acquired 15 of the 200000 shares of common : heath cosmetics acquired 15 of the 200000 shares of common stock of van fashion at a total cost of 13 per share on
The adjusted trial balance data from the cameron white : the adjusted trial balance data from the cameron white company spreadsheet for the year end december 31. the balance of
Sussman industries purchased a drilling machine for 50000 : sussman industries purchased a drilling machine for 50000 and paid cash. sussman expects to use the machine for ten
Werber clinic uses client visits as its measure of activity : werber clinic uses client visits as its measure of activity. during january the clinic budgeted for 2700 client visits
Erca inc produces automobile bumpers overhead is applied on : erca inc. produces automobile bumpers. overhead is applied on the basis of machine hours required for cutting and
Winners trophy company produces a variety of athletic : winners trophy company produces a variety of athletic awards most of them in the form of trophies. its deluxe trophy
Wwweb marketing is a decentralized firm specializing in : wwweb marketing is a decentralized firm specializing in designing and operating internet marketing web sites. the firm
R-ball corporation manufacturesdeluxe and standard : r-ball corporation manufacturesdeluxe and standard racquetball racquets. r-balls totaloverhead costs consist of

Reviews

Write a Review

Accounting Basics Questions & Answers

  Delille company manufactures both traditional toothpaste

direct method and overhead ratesdelille company manufactures both traditional toothpaste and gel tooth paste with each

  Please explain cost allocation for operational assets

please explain cost allocation for operational assets. explain the various time-based and activity-based methods

  The company had 100000 shares of common stock outstanding

the company had 100000 shares of common stock outstanding on january 1. in addition as of january 1 the company had

  During its long tenure the committee on accounting

during its long tenure the committee on accounting procedures capproduece a total of 51 accounting research bulletins

  Fairfax company uses weighted-average process costing to

fairfax company uses weighted-average process costing to account for its production costs. direct labor is added evenly

  The company was the victim of a computer virus that deleted

the pletcher transportation company uses a responsibility reporting system to measure the performance of its three

  Determining cost of goods sold and gross profit rate

At the beginning of the year, Uptown Athletic had an inventory of $400,000. During the year, the company purchased goods costing $1,600,000. If Uptown Athletic reported ending inventory of $600,000 and sales of $2,000,000, their cost of goods sold..

  What amount of organization expense should be reported

Palmiero bought a franchise from Dougherty Co. on January 1, 2011, for $350,000. The carrying amount of the franchise on Dougherty's books on January 1, 2011, was $500,000.

  What are at least five considerations you will need to take

although you plan to do all of your own manufacturing in the near term you are confident that as volume grows you may

  Marginal tax bracket problem

Albert is in the 35% marginal tax bracket. He sold a building in the current year for $450,000. Albert received $110,000 cash at closing, the buyer assumed Albert's mortgage for 120,000, and the buyer gave Albert a 6% note for $220,000 due in two ..

  In a process costing system costs flow into finished goods

1.the direct labor and overhead costs of providing services to clients are accumulated in a work-in-process account. a

  What is the contribution margin per unit

Padua Corp has sales of $400,000, a variable cost ratio of 60%, and a profit of $40,000. If 10,000 units were sold, what is the contribution margin per unit?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd