Leaphart Kennel uses tenant-days as its measure of activity; an animal housed in
ID: 2484934 • Letter: L
Question
Leaphart 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 May, the kennel budgeted for 2,800 tenant-days, but its actual level of activity was 2,840 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:
FIXED ELEMENT PER MONTH:
Revenue…..-
Wages and salaries……..$3,600
Food and supplies………$700
Facility expenses………$9,100
Admin expenses……..$6,200
Total expenses…….$19,600
VARIABLE ELEMENT PER TENANT DAY:
Revenue…..$31.10
Wages and salaries……..$5.40
Food and supplies………$12.40
Facility expenses………$2.00
Admin expenses……..$0.40
Total expenses…….$20.20
The wages and salaries in the planning budget for May would be closest to:
$18,344
$18,606
$18,720
$18,936
Please show all work
$18,344
$18,606
$18,720
$18,936
Please show all work
Explanation / Answer
The kennel has provided the following data concerning the formulas to be used in its budgeting:
?
Please provide the data
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