5
points
TB MC Qu. 9-332 Dinham Kennel uses tenant-days....
Dinham 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 March, the
kennel budgeted for 5,500 tenant-days, but its actual level of activity was 5,560 tenant-days. The kennel has provided the following data concerning the
formulas used in its budgeting and its actual results for March:
01:27:48
Data used in budgeting:
Fixed
element
per month
Revenue
Variable
element per
tenant-day
$36.00
Wages and salaries
$ 2,700
$ 9.40
Food and supplies
1,900
15.90
Facility expenses
8,300
4.90
Administrative expenses
6,800
0.30
Total expenses
$19,700
$30.50
Actual results for March:
Revenue
$179,235
Wages and salaries
$ 28,740
Food and supplies
$ 89,785
Facility expenses
$ 35,875
Administrative expenses
$ 7,114