Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Help Save & Exit Kennel uses tenant-days as its measure of activity, an animal housed in the kennel for one day is counted as one

image text in transcribed
image text in transcribed
Help Save & Exit 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 December the kennel budgeted for 2.500 tenant-days, but its actual level of activity was 2.530tenant-days. The the formulas to be used in its budgeting: kennel has provided the following data concerning Fixed Variable Element element per per Month tenant-day 24 Revenue $33.00 Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses 3,800 7.90 1,000 11.60 2.20 0.20 $19,600 $21.90 8,600 6,200 The administrative expenses in the planning budget for December would be closest to: Multiple Choice $6.893 $6,700

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_2

Step: 3

blur-text-image_3

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

Cost Accounting Theory And Practice

Authors: R. Palaniappan, N. Hariharan

1st Edition

9380578342, 978-9380578347

More Books

Students also viewed these Accounting questions

Question

Define a swap contract and list the major types.

Answered: 1 week ago

Question

Do you set targets to reduce complaints?

Answered: 1 week ago