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Vanderhyde 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,
Vanderhyde 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 3,800 tenant-days, but its actual level of activity was 3,850 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 per month | Variable element per tenant-day | |||||
Revenue | ? | $ | 24.00 | |||
Wages and salaries | $ | 4,650 | $ | 7.70 | ||
Food and supplies | 2,120 | 13.80 | ||||
Facility expenses | 14,120 | 5.20 | ||||
Administrative expenses | 11,200 | 0.90 | ||||
Total expenses | $ | 32,090 | $ | 27.60 | ||
|
Actual results for May:
Revenue | $ | 96,640 | |
Wages and salaries | $ | 35,640 | |
Foods and supplies | $ | 53,905 | |
Facility expenses | $ | 33,110 | |
Administrative expenses | $ | 14,390 | |
|
The wages and salaries in the planning budget for May would be closest to:
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