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 5,200 tenant-days, but its actual level of activity was 5,230 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			Variable element per tenant-day
Revenue		-		$	35.70
Wages and salaries	$	2,400		$	9.10
Food and supplies		1,600			15.60
Facility expenses		8,000			4.60
Administrative expenses		6,500			0.40
Total expenses	$	18,500		$	29.70

Actual results for March:

Revenue	$	171,323
Wages and salaries	$	28,710
Food and supplies	$	82,980
Facility expenses	$	32,258
Administrative expenses	$	7,111

The revenue variance for March would be closest to:

Multiple Choice

• $14,317 F

• $15,388 F

• $14,317 U

• $15,388 U