Requirement: Prepare a flexible performance report for the month of May

10 points Vidal 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 May, the kennel budgeted for 3,700 tenant-days, but its actual level of activity was 3,690 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Vidal 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 May, the kennel budgeted for 3.700 tenant-days, but its actual level of activity was 3,690 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Fixed-Element Variable element per Month per tenant-day S 26.40 Revenue s S Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses 2.500 1,300 8,600 6,800 19,200 6.10 9.70 2.60 0.40 18.80 Actual results for May Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $ 92,626 $ 23,919 $ 37.833 $ 18,594 $ 8,386 Requirement: Prepare a flexible performance report for the month of May