Question
Ch9-12 Saved Help Save & Exit Paulis Kennel uses tenant-days as its measure of activity, an animal housed in the kennel for one day is
Ch9-12 Saved Help Save & Exit Paulis 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 February, the kennel budgeted for 2.500 tenant-days, but its actual level of activity was 2,480 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses: Total expenses Fixed element per month Variable. element per tenant-day $ 2,500 400 $35.30 $ 5.90 13.80 8,900 3.40 7,800 0.40 $19,600 $23.50 Actual results for February Revenue $85,654 Wages and salaries $16,992 Food and supplies $33,084 Facility expenses $16,682 Administrative expenses $8,732 251 The net operating income in the planning budget for February would be closest to: Multiple Choice $9,664 $10,246 $10,083 $9,900
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