7. Gandrud Kennel uses tenant-days as its measure of activity; an animal housed

Question

7. Gandrud 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 June, the kennel budgeted for 2,960 tenant-days, but its actual level of activity was 2,940 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Fxed Variable element per element per month tenant-day Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses $44.30 $ 3,430 $.910 17.60 4.40 2.10 $ 23,795 33.20 1,555 9,750 9,060 The food and supplies in the flexible budget for June would be closest to: O $52.972 O $53,548 O $53.651 O $53,299

Explanation / Answer

Ans: $ 53651

Solu: Food & Supplies flexible budget= 2960*17.60+1555

                                                      = $ 53651

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