Dinham Kennel uses tenant-days as its measure of activity, an animal housed in the kennel for one day is counted as one tenant-clay. During March, the kennel budgeted for 4,800 tenant-days, but its actual level of activity was 4.820 tenant-days. The kernel has provided the following data concerning the formulas used in its budgeting and its actual results for March Data used in budgeting Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Fixed element per month e $ 2,000 1,200 7,600 7,700 $ 18,500 Variable element per tenant-day $ 35.30 $ 8.70 15.20 4.2e 2.60 $ 28.70 Actual results for March Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $ 145, 135 $ 28,670 $ 75,665 $ 27,230 $ 7,107 he overall revenue and spending variancell.e. the variance for net operating income in the revenue and spending variance column on the exible budget performance report) for March would be closest to: Multiple Choice $6.249 U $6.249 F $6.117U $6.117