Speyer Medical Cinic measures its activity in terms of patient-visits. Last month, the budgeted level of activity was 1.250 patient-visits and the actual level of actlvity was 1,240 patient-visits. The cost formula for administrative expenses is $4,90 per patient-visit plus $26,500 per month. The actual administrative expense was $25,000. Last month the clinic's spending variance for administrative expenses was: Multiple Cholce 549 F $7,625 F $7,576 F $3,070 F

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