Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. paulis kennel uses tenant-days as its measure of a

Paulis Kennel uses tenant-days as its measure of activity, an animal housed in the kennel...

60.1K

Verified Solution

Question

Accounting

image
Paulis 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 4,100 tenant-days, but its actual level of activity was 4,080 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February Data used in budgeting: Fixed Variable element element per per month tenant-day $30.60 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $ 3,100 500 8,100 7,900 $19,600 $' 6.60 11.40 3.60 0.60 $22.20 Actual results for February Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $107,880 $ 23,510 $ 36,791 $ 19, 260 $ 9,142 The activity variance for net operating income in February would be closest to

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

You are considering the following two mutually exclusive projects. Both projects will be depreciated using straight-line depreciation...

Biology
1.2K views

A pharmacy technician changes the quantity dispensed and the days supply. Which of the following...

Geometry
1.2K views

Find the surface area of the cone to the nearest tenth O 213 5 cm...

Calculus
1.2K views

9 Find the asymptotes of the hyperbola a y x c y x b d...

Accounting
1.2K views

The following are three receivables transactions. Indicate whether these receivabies are...

Accounting
1.2K views

quatic Pets Inc. makes 100-gallon plexiglass aquariums. They reported the following financial information for last...

Accounting
1.2K views

CL LLC is a manufacturing business and reported adjusted taxable income in 2022 of $40,000,000...

Accounting
1.2K views

During the month of May, Apex Industries recorded a $3,000 debit to an expense account....

Accounting
1.2K views

Econnect Practice for Out 2 OS 5. 100 pm My Corporation product for 520 Detay...

Accounting
1.2K views

Provided answers must be in Excel Formulas Format and should go in the yellow and...

Accounting
1.2K views

corporate tax returns are due when 3.5 months after the end of their tax year,...

Accounting
1.2K views

On April 5, 2023, Kinsey places in service a new automobile that cost $70,000. He...