Roye 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 September, the Kennel budgeted for 5,000 tenant-days, but its actual level of activity was 5,030 tenant-days. The Kennel has provided the following data concerning the formulas used in its budgeting and its actual results for September: Data used in budgeting: Variable Fixed element element per tenant day $35.50 per month Revenue $2,200 $8.90 Wages and salaries 15.40 Expendables Facility expenses 1,400 7,800 4.40 Administrative 6,300 0.20 |expenses Total expenses $17,700 $28.90 Actual results for September $151,125 Revenue $28,690 Wages and salaries $79,225 Expendables $29,130 Facility expenses Administrative expenses $7,109 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for September would be closest to: Multiple Choice $8,527 F $8,329 F $8,527 U $8,329 U