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

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Accounting

Paulis Kennel uses tenant-days as its measure of activity; ananimal housed in the kennel for one day is counted as onetenant-day. During February, the kennel budgeted for 2,500tenant-days, but its actual level of activity was 2,480tenant-days. The kennel has provided the following data concerningthe formulas used in its budgeting and its actual results forFebruary:

Data used in budgeting:

Fixed element per monthVariable element per tenant-day
Revenue-$35.30
Wages and salaries$2,500$5.90
Food and supplies40013.80
Facility expenses8,9003.40
Administrative expenses7,8000.40
Total expenses$19,600$23.50

Actual results for February:

Revenue$85,654
Wages and salaries$16,992
Food and supplies$33,084
Facility expenses$16,682
Administrative expenses$8,732

The activity variance for net operating income in February wouldbe closest to:

Garrison 16e Rechecks 2018-06-07

Multiple Choice

  • $236 U

  • $264 F

  • $236 F

  • $264 U

Answer & Explanation Solved by verified expert
4.0 Ratings (786 Votes)
Ans Option a 236 U Calculations Sales Activity Variance Report Flexible budget Activity Variance Planning budget Tenantdays 2480 2500 Revenue a 87544 706 U 88250 Expenses Wages and salaries 17132 118 F 17250 Food and supplies 34624 276 F    See Answer
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