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TB MC Qu. 9-331 (Static) Dinham Kennel uses tenant-days ...

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 2,000 tenant-days, but its actual level of activity was 2,040 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 element per month	Variable element per tenant-day
Revenue	0	$ 35.40
Wages and salaries	$ 3,000	$ 6.60
Food and supplies	400	12.20
Facility expenses	9,600	2.30
Administrative expenses	7,800	0.20
Total expenses	$ 20,800	$ 21.30

Actual results for March:

Revenue	$ 69,576
Wages and salaries	$ 16,204
Food and supplies	$ 25,008
Facility expenses	$ 14,122
Administrative expenses	$ 8,238

The revenue variance for March would be closest to:

Multiple Choice

$2,640 U

$2,640 F

$1,224 U

$1,224 F