Answered step by step
Verified Expert Solution
Question
00
1 Approved Answer
Rhed 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 December,
Rhed 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 December, the kennel budgeted for 3,950 tenant-days, but its actual level of activity was 3,900 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for December Data used in budgeting: 00:25.29 Fixed Variable element element per per month tenant-day $34.40 Revenue $ 8.20 Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 2,700 1,650 8,700 6,700 $19,750 $27.20 results for December TULdl expenses PLU Actual results for December: 25:09 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $133,565 $ 34,960 $ 52,855 $ 27,935 $ 8,425 The activity variance for administrative expenses in December would be closest to: Multiple Choice e $10403
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access with AI-Powered Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started