Fluffy Dog 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 January, the lenne budgeted for 2.100 tenant-days, but its actual level of activity was 2,060 tenant-days. The kennel has provided the following data concerning the formulas used i budgeting for January: Fixed Element Variable Element per per Month Tenant-Day $ 31.10 Revenue $ $ 7.20 8.10 2.300 1.000 9.500 7.000 Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses 2.70 0.30 $ 19.800 $ 18.30 The net operating income in the flexible budget for January would be closest to O $7.080 $6.021 56 257 $6.568 Question 18 das have been established for a particular product