Tolentino Kennel uses tenant-days as its measure of activity; an animal housed i

Question

Tolentino 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 November, the kennel budgeted for 3,000 tenant-days, but its actual level of activity was 3,020 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for November:

Data used in budgeting:

4,900    

0.60    

$14,700    

$20.30    

Actual results for November:

$26,576

$11,700

$26,400

$11,876

Data used in budgeting:

Explanation / Answer

Net Income as per Flexible Budget Particulars Amount Revenue 87882 Total Revenues 87882 Wages and salaries 19920 Expendables 31806 Facility Expenses 17568 Administrative Expenses 6712 Total Expenses 76006 Net Income 11876

Related Questions

Navigate

• Browse (All)
• Browse T
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.