Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Dirham Kenneluxes tonant-days as its measure of activity, an animal housed in the Kennel for one day is counted as one tenant-day. During March, the

image text in transcribed
Dirham Kenneluxes tonant-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 4,000 tenant-days, but its actual level of activity was 4.040 tenant-days. The kennel has provided the following data concerning the formules used in its budgeting and its actual results for March Data used in budgeting: Pixed element per month Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expensen 5 2.900 1.900 3.600 6,900 Variable element per tenant-day $34.90 $7.90 14.40 3.40 0.40 $26.10 $20.100 Actuat results for Marche Revenue Wages and salaries Food and supplies Tacility oxpenseu Administrative expenses $131,231 $ 28,590 560,575 521,800 $7,099 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 CPAexcel Exam Review 2018 Study Guide Auditing And Attestation

Authors: Wiley

1st Edition

1119480671, 978-1119480679

More Books

Students also viewed these Accounting questions