Gandrud Kennel uses tenant-days as its measure of activity; an animal housed in the kennel...
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Gandrud 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 June, the kennel budgeted for 2,600 tenant-days, but its actual level of activity was 2,580 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:
| Fixed element per month | Variable element per tenant-day | |||
| Revenue | $37.10 | |||
| Personnel expenses | $3,400 | $7.30 | ||
| Medical supplies | $1,200 | 14.00 | ||
| Occupancy expenses | $9,600 | 2.60 | ||
| Administrative expenses | $7,700 | 0.30 | ||
| Total Expenses | $21,900.00 | $24.20 |
The food and supplies in the flexible budget for June would be closest to: A. $36,993 B. $37,569 C. $37,600 D. $37,320
The facility expenses in the flexible budget for June would be closest to: A. $16,308 B. $16,360 C. $16,223 D. $15,974
The net operating income in the flexible budget for June would be closest to: A. $11,640 B. $14,332 C. $11,382 D. $14,113
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