Toadvine Clinic Uses Patient-Visits as Its Measure of Activity

Toadvine Clinic uses patient-visits as its measure of activity.During April,the clinic budgeted for 3,800 patient-visits,but its actual level of activity was 3,400 patient-visits.The clinic uses the following revenue and cost formulas in its budgeting,where q is the number of patient-visits:
Revenue: $39.70q
Personnel expenses: $38,700 + $11.50q
Medical supplies: $1,000 + $7.30q
Occupancy expenses: $11,700 + $1.30q
Administrative expenses: $6,700 + $0.30q
The clinic reported the following actual results for April: Required:
Prepare a report showing the clinic's revenue and spending variances for April.Label each variance as favorable (F)or unfavorable (U).

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