Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dinham Kennel uses tenant-days as its measure of activity, an animal housed in the wennet for one day is content. During Much, the kennel budgeted

image text in transcribed
Dinham Kennel uses tenant-days as its measure of activity, an animal housed in the wennet for one day is content. During Much, the kennel budgeted for 3,400 tenant-days, but its actual level of activity was 3,460 ter days. The one has provided the following data concerning 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 Variable element element per per month tenant-day $34.30 $ 2.300 $ 7.30 1,300 13.80 7,800 2.80 6,300 0.40 $17,700. $24.30 Actual results for March: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $115,625 $ 28,530 $ 49,580 $ 16,500 $ 7,093 The revenue variance for March would be closest to

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

Wiley CPA Exam Review Auditing And Attestation 2011

Authors: Patrick R. Delaney, O. Ray Whittington

8th Edition

0470554347, 978-0470554340

More Books

Students also viewed these Accounting questions

Question

Discuss the importance of workforce planning.

Answered: 1 week ago

Question

Differentiate between a mission statement and a vision statement.

Answered: 1 week ago