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Loving Daycare Center uses days of daycare as its measure of activity. For the month of August, Loving budgeted that the
Posted: Sun Jul 03, 2022 3:50 pm
by answerhappygod
- Loving Daycare Center Uses Days Of Daycare As Its Measure Of Activity For The Month Of August Loving Budgeted That The 1 (18.79 KiB) Viewed 14 times
Loving Daycare Center uses days of daycare as its measure of activity. For the month of August, Loving budgeted that they would have children enrolled for 4,400 days, but they actually provided 4,460 days of daycare. Loving's accountant has determine that the following data should be used in its budgeting: Fixed per month $0 $ 37,400 3,400 Variable per day of daycare $ 41.40 $ 12.60 9.40 3.40 0.70 $ 26.10 Revenue Personnel expenses Supplies Facility rent and insurance Administrative expenses Total expenses For the month of August, calculate Loving Daycare Centers activity variance for net operating income: 8,600 7,400 $ 56,800