Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please answer and explain. I am taking the test right now: Perla Kennel usestenant-days as its measure of activity, an animal housed in the kennel

Please answer and explain. I am taking the test right now:

image text in transcribed

Perla Kennel usestenant-days as its measure of activity, an animal housed in the kennel for one dey is counted as one tenantday During March, the kennel budgeted for 2,240 tenant-days, but its actual level of activity was 2,200 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: elemeint per element pe Revenue -3460 4,230 770 9.00 77505.60 0.60 23,410 22.90 Wages and salaries 1580 Facility expenses Admiristrative expenses Total expenses 9,850 Actual results for March Revenue Wages and salorles Food and supplies Facility expenses Administratilve expenses 75,580 S 20,990 s 21,880 19,180 11,210 The activity variance for wages and salaries in March would be closest to: O $488 F O $308F O$488U O $308 U

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

Step: 3

blur-text-image

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

Project Management Accounting Budgeting Tracking And Reporting Costs And Profitability

Authors: Kevin R. Callahan, Gary S. Stetz, Lynn M. Brooks

1st Edition

0470044691, 978-0470044698

More Books

Students also viewed these Accounting questions

Question

Explain how SIHRM is linked to different global business strategies

Answered: 1 week ago