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bluejean bluejean
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A year ago

Dinham 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 March, the kennel budgeted for 4,500 tenant-days, but its actual level of activity was 4,560 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:

Data used in budgeting:

Fixed element per monthVariable element per tenant-day
Revenue$ 0$ 35.00
Wages and salaries$ 3,400$ 8.40
Food and supplies2,40014.90
Facility expenses8,9003.90
Administrative expenses7,4000.30
Total expenses$ 22,100$ 27.50


Actual results for March:

Revenue$ 142,130
Wages and salaries$ 28,640
Food and supplies$ 71,025
Facility expenses$ 26,125
Administrative expenses$ 7,104


The revenue variance for March would be closest to:



▸ $15,370 U

▸ $17,470 U

▸ $17,470 F

▸ $15,370 F
Textbook 
Introduction to Managerial Accounting: Brewer Edition: 9e

Introduction to Managerial Accounting: Brewer Edition: 9e


Edition: 9th
Authors:
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gsh2571gsh2571
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A year ago
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