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Monty Pastures is a 400-acre farm on the outskirts of the Kentucky Bluegrass, specializing in the boarding of broodmares and their foals. A recent economic

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Monty Pastures is a 400-acre farm on the outskirts of the Kentucky Bluegrass, specializing in the boarding of broodmares and their foals. A recent economic downturn in the thoroughbred industry has made the boarding business extremely competitive. To meet the competition, Monty Pastures planned in 2022 to entertain clients, advertice more extensively, and absorb expences formerly paid by clients such as veterinary and blacksmith fees. The budget report for 2022 follows. As shown, the static income statement budget for the year is based on an expected 20100 boarding days at $25 per mare. The variable expenses per mare per day were budgeted: feed 55 , veterinary fees $3. blacksmith fees $0.25, and supplies $0.55. All other budgeted expences were either semifixed or fixed During the year, management decided not to replace a worker who quit in March, but it did issue a new advertising brochure and did more entertaining of clients. Y Your answer is incorrect. Based on the static budget report, did management do a good, average, or poor job of controlling expenses? Management did a in controlling variable expenses. eTextbook and Media Attempts: 1 of 2 used (a3) Monty Pastures is a 400-acre farm on the outskirts of the Kentucky Bluegrass, specializing in the boarding of broodmares and their foals. A recent economic downturn in the thoroughbred industry has made the boarding business extremely competitive. To meet the competition, Monty Pastures planned in 2022 to entertain clients, advertice more extensively, and absorb expences formerly paid by clients such as veterinary and blacksmith fees. The budget report for 2022 follows. As shown, the static income statement budget for the year is based on an expected 20100 boarding days at $25 per mare. The variable expenses per mare per day were budgeted: feed 55 , veterinary fees $3. blacksmith fees $0.25, and supplies $0.55. All other budgeted expences were either semifixed or fixed During the year, management decided not to replace a worker who quit in March, but it did issue a new advertising brochure and did more entertaining of clients. Y Your answer is incorrect. Based on the static budget report, did management do a good, average, or poor job of controlling expenses? Management did a in controlling variable expenses. eTextbook and Media Attempts: 1 of 2 used (a3)

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