Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one

Business, Finance, Economics, Accounting, Operations Management, Computer Science, Electrical Engineering, Mechanical Engineering, Civil Engineering, Chemical Engineering, Algebra, Precalculus, Statistics and Probabilty, Advanced Math, Physics, Chemistry, Biology, Nursing, Psychology, Certifications, Tests, Prep, and more.
Post Reply
answerhappygod
Site Admin
Posts: 899603
Joined: Mon Aug 02, 2021 8:13 am

Hubbard Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one

Post by answerhappygod »

Hubbard 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 January, the kennel budgeted for 2,200
tenant-days, but its actual level of activity was 2,160
tenant-days. The kennel has provided the following data concerning
the formulas used in its budgeting and its actual results for
January:
Data used in budgeting:
Fixed Element per Month
Variable element per tenant-day
Revenue
$0
$31.10
Wages and salaries
$2,300
$7.20
Food and supplies
1,000
8.10
Facility expenses
9,500
2.70
Administrative expenses
7,000
0.30
Total expenses
$19,800
$18.30
Actual results for January:
Revenue
$63,606
Wages and salaries
$17,282
Food and supplies
$18,346
Facility expenses
$14,432
Administrative expenses
$7,408
The wages and salaries in the planning budget for January would
be closest to:
Group of answer choices
None of the above
$17,420
$17,132
$18,140
$18,282
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!
Post Reply