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 4,800 tenant-days, but its actual level of activity was 4,820 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 monthVariable element per tenant-dayRevenue-$35.30Wages and salaries$2,000$8.70Food and supplies1,20015.20Facility expenses7,6004.20Administrative expenses7,7000.60Total expenses$18,500$28.70

Actual results for March:

Revenue$145,135Wages and salaries$28,670Food and supplies$75,065Facility expenses$27,230Administrative expenses$7,107

The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for March would be closest to:

Multiple Choice

• $6,117 F
• $6,249 F
• $6,117 U
• $6,249 U