Everyone Deserves to Smile mobile dentist office budgeted for 4,365 patient visi

Question

Everyone Deserves to Smile mobile dentist office budgeted for

4,365

patient visits a year. Everyone Deserves to Smile actually saw

4,415

patients during the year and they have provided the following? data:

Fixed Portion for Budget/

Variable Portion per patientvisit for Budget/

Actual Results

Revenue

$65.00

$414,300

Personnel Expenses

$100,000

$95,000

Medical Supplies

$14.00

$38,500

Occupancy Expenses

$ 12,000

$1.00

$19,000

Admin Expenses

$19,000

$0.75

$19,600

Based on the given? information, what is the volume variance for? revenue?

Explanation / Answer

Volume variance for revenue = ( Actual number of patients - Budgeted number of patients ) x budgeted revenue per patient = ( 4,415 - 4,365) x $ 65 = $ 3,250 F

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