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Barra Inc. uses tenant-days as its measure of activity; a person renting a room for...

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Accounting

Barra Inc. uses tenant-days as its measure of activity; a person renting a room for one day is counted as one tenant-day. During July, the company budgeted for 3,800 tenant-days, but its actual level of activity was 3,830 tenant-days. The company has provided the following data concerning the formulas used in its budgeting and its actual results for July:
Data used in budgeting:
Fixed element per month
Variable element per tenant-day
Revenue
0
$ 34.70
Wages and salaries
$ 2,700
$ 7.70
Food and supplies
1,700
14.20
Facility expenses
8,200
3.20
Administrative expenses
6,700
0.20
Total expenses
$ 19,300
$ 25.30
Actual results for July:
Revenue
$ 120,321
Wages and salaries
$ 28,570
Food and supplies
$ 56,975
Facility expenses
$ 19,989
Administrative expenses
$ 7,097
The revenue variance for July would be closest to:
Group of answer choices
$11,539 F
$11,539 U
$12,580 U
$12,580 F

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