Determine spending variance for administrative expenses


Fussner Medical Clinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1,860 patient-visits and the actual level of activity was 1,940 patient-visits. The cost formula for administrative expenses is $3.90 per patient-visit plus $19,800 per month. The actual administrative expense was $28,800. Last month, the spending variance for administrative expenses was?

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Accounting Basics: Determine spending variance for administrative expenses
Reference No:- TGS0676393

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