Paulis 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 February, the kennel budgeted for 4,800 tenant-days, but its actual level of activity was 4,780 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Actual results for February: Fixed element per month $ 0 $ 3,800 400 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses 8,800 8,600 $ 21,600 $ 108,580 $ 23,580 $36,798 $ 19,330 $9,156 The activity variance for net operating income in February would be closest to: Variable element per tenant-day $ 31.30 $ 7.30 12.10 4.30 0.10 $ 23.80

Paulis Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day inted as one tenant-day. During February, the kennel budgeted for 4,800 tenant-days, but its actual level of activity was 4,780 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Actual results for February: The activity variance for net operating income in February would be closest to: Multiple Choice $5,316F $150U $150F $5,316U