Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

QUESTION 9 Malander Konnol uses tenant-days as its measure of activity: an animal housed in the kennel for one day is counted as one tenant-day.

image text in transcribed
QUESTION 9 Malander Konnol uses tenant-days as its measure of activity: an animal housed in the kennel for one day is counted as one tenant-day. During November, the Kennel budgeted fos 3 400 tenant-days, but its actual level of activity was 3,390 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting add its actual results for November Data used in budgeting Fixed element per month Variable element per tenant-day Revenue $0 $28.00 Wages and salaries $ 2,700 $5.40 Food and supplies 500 10.20 Facility expenses 9.600 3.30 Administrative expenses 6,600 0.20 Total expenses $ 19,400 $ 19.10 Actual results for November Ravenuo $ 90,470 Wages and salaries $ 20,606 Food and supplies $ 35,838 Facility expenses $ 20,857 Administrative expenses $ 7,518 The revenue variance for November would be closest to: 04.7300 O $4.450 F $4,450 U O $4,730 F

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered 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

Taxation Of Individuals And Business Entities 2015

Authors: Brian Spilker, Benjamin Ayers, John Robinson, Edmund Outslay, Ronald Worsham, John Barrick, Connie Weaver

6th Edition

9780077862367

Students also viewed these Accounting questions