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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 $4,400$ tenant$-$days, but its actual level of activity was $4,450$ 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 Variable

element element per

per month tenant$-$day

Actual results for March:

Revenue

Wages and salaries

$$138,230$

$$28,630$

$$69,105$

$$25,115$

$$7,103$

Food and supplies

Facility expenses

Administrative experses

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

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$4$ of $6$

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