Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2020 1 Help Save & Exit Submit Dinham Kennel uses tenant-days as its measure of activity: an animal housed in the kennel for one day

image text in transcribed
2020 1 Help Save & Exit Submit Dinham Kennel uses tenant-days as its measure of activity: an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4,700 tenant-days, but its actual level of activity was 4,780 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 3,600 1,100 7,500 7,600 $19,800 Variable element per tenant-day $35.20 $ 8.60 15.10 4.10 0.50 $28.30 Actual results for March: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $144,230 $ 28,660 $ 74,070 $ 27,220 $ 7,106 ere to search 2020 1 Help Save & Exit Submit Dinham Kennel uses tenant-days as its measure of activity: an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4,700 tenant-days, but its actual level of activity was 4,780 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 3,600 1,100 7,500 7,600 $19,800 Variable element per tenant-day $35.20 $ 8.60 15.10 4.10 0.50 $28.30 Actual results for March: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $144,230 $ 28,660 $ 74,070 $ 27,220 $ 7,106 ere to search

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

Auditing Cases

Authors: Frank A. Buckless, Mark. S. Beasley, Steven M. Glover, Douglas F. Prawitt

1st Edition

978-0130800015

More Books

Students also viewed these Accounting questions

Question

How do you talk about your complaining customers?

Answered: 1 week ago