Nicolini en elus s tenant days as s measure of activity; an animal housed in the

Question

Nicolini en elus s tenant days as s measure of activity; an animal housed in the kennel or one day s counted as one tenant-day. Dun g October, the kennel budgeted for 2 200 enant-day kennel hes provided the following data concerning the formulas used in its budgeting and its actual results for October but ts actual l el of activity was 2 250 tenant d?ys. The Data used in budgeting: Variable element per tenant-day $35.40 Fixed element per month Revenue. . .. $ 2,900 1,000 8,800 Wages and salaries.... Food and supplies.. Facility expenses. Administrative expenses... Total expenses Actual results for October $ 7.40 11.90 2.70 0.20 $20,100 Facility expenses$27.175 Administrative expenses. Food and supplies..$15.555 $7,810 The spending variance for food and supplies in October would be closest to: O $600 F $5 F O $600u

Explanation / Answer

Food and supplies in flexible budget = 1000+(2250*11.9)= $27775 Spending variance for food and supplies = 27175-27775 = $600 F Option 1 is correct

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