Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

10 pts Question 17 Georgia Kennel uses tenant-days an its measure of activity: an animal housed in the kernel for one day is counted as

image text in transcribed
10 pts Question 17 Georgia Kennel uses tenant-days an its measure of activity: an animal housed in the kernel for one day is counted as one tenant-day. During April, the kennel budgeted for 2.000 tenant-days, but its actual level of activity was 1.990 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for April Data med in budgeting Fixed Variable elemen element per per month today Revenue $36.40 Wages and salaries $ 2300 $ 6.60 Expendables 12.40 Facility expenses 9.000 3.20 Administrative expenses 7600 0.10 Total expenses $19.20 300 5229 Actual results for April Reven Wages and sales Expendables Facility expenses Administrative expenses. $70,846 516 564 $25,866 514 $7.879 The activity variance for administrative expenses in April would be closest to $15 5797 $10

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Managerial Accounting

Authors: John J. Wild, Ken W. Shaw

2010 Edition

9789813155497, 73379581, 9813155493, 978-0073379586

Students also viewed these Accounting questions