the net operating income in the flexible budget for February would be closest to:

Paulls 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 February, the kennel budgeted for 3,600 tenant-days, but its actual level of activity was 3,580 tenant-days. The kennel has provided the following data concerning the formulas used its budgeting and its actual results for February Data used in budgeting Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Fixed element per Variable element month per tenant-day $ $ 30.10 $ 2,600 $ 6.10 880 10.00 7,600 3.10 7,400 0.1e $ 18,400 $ 20.20 Actual results for February Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $ 107,380 $ 23,460 $36,786 $ 19, 210 $ 9,132 The net operating income in the flexible budget for February would be closest to The net operating income in the flexible budget for February would be closest to: Multiple Choice $18,698 $18,792 $17,240 $17,042