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Dinham Kennel usos tenant days as its measure of activity: an animal housed in the kennel for one day is counted as one tenant-day. During
Dinham Kennel usos tenant days as its measure of activity: an animal housed in the kennel for one day is counted as one tenant-day. During March, the kennel budgeted for 4,200 tenant-days, but its actual level of activity was 4240 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March Data used in budgeting: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Pixed Variable element element per per month tenant-day 0 $ 35.10 $ 3,100 $ 8.10 2,100 14.60 8,600 3.60 7.100 0.60 $ 20,900 $26.90 Actual results for March Revenue $ 136,130 Wages and salaries $ 28,610 Food and wupplies $ 64,325 Facility expenses $ 23,250 Administrative expenses $ 7,101 The overall revenue and spending variance, the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for Morch would be closest to: budget performance report) for Morch would be closest to Multiple Choice $696 F $1024 $1,024 U $696 U
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