Paulis Kennel uses tenant-days as its measure ofactivity; an animal housed in the kennel for one day iscounted as one tenant-day. During February, thekennel budgeted for 5,200 tenant-days, but its actuallevel of activity was 5,220 tenant-days. The kennel hasprovided the following data concerning the formulasused in its budgeting and its actual results for February:Data used in budgeting:Fixed element per month$0$ 4,2008008,6007,600$ 21,200RevenueWages and salariesFood and suppliesFacility expensesAdministrative expensesTotal expensesThe static budget variance for net operating income inFebruary would be closest to:$8,464 F$126 F$126 UVariable element per tenant-day$ 31.70$ 7.7012.504.700.50$ 25.40$8,464 U

Company do planning for the sales and expenses each period but the actual level may be some what…

Paulis 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 February, the kennel budgeted for 5,200 tenant-days, but its actual level of activity was 5,220 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for Februar Data used in budgeting:

Paulis 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 February, the kennel budgeted for 5,200 tenant-days, but its actual level of activity was 5,220 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for Februar Data used in budgeting:

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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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 5,500 tenant-days, but its actual level of activity was 5,560 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 Variable element element per tenant-day $ 36.00 $ 9,40 per month Revenue $ 2,700 Wages and salaries Food and supplies 1,900 15.90 Facility expenses Administrative expenses 8,300 4.90 6,800 0.30 Total expenses $ 19,700 $ 30.50 Actual results for March: $ 179,235 $ 28,740 $ 89,785 $ 35,875 $ 7,114 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses The spending variance for facility expenses in March would be closest to:
Dinham Kennel uses tenant-days as Its measure of activity; an anlmal housed in the kennel for one day Is counted as one tenant-day. During March, the kennel budgeted for 4,000 tenant-days, but Its 1 actual level of activity was 4,040 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 Variable element per month per tenant-day Revenue 34.90 Wages and salaries Food and supplies Facility expenses Administrative expenses 2,900 7.90 1,900 14.40 8,400 3.40 6,900 0.40 Total expenses 20,100 26.10 Actual results for March: $131,231 $ 28,590 $ 60,575 $ 21,800 $ 7,099 Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses The revenue varlance for March would be closest to: Multiple Choice $8.369 U $9,765 U $9,765 F $8.369 F
Tessmer 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 3,100 tenant-days, but its actual level of activity was 3,090 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 Variable element per Month tenant-day Revenue $ 0 $ 3,500 $33.60 Wages and salaries Food and supplies Facility expenses $ 7.40 500 10.50 9,500 4.70 Administrative expenses 6,600 0.30 Total expenses $20,100 $22.90 Actual results for January: Revenue $105,934 $ 27,186 $ 32,485 $ 24,873 $ 7,557 Wages and salaries Food and supplies Facility expenses Administrative expenses The net operating income in the flexible budget for January would be closest to:
Virgen 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 3,700 tenant-days, but its actual level of activity was 3,690 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Actual results for May: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Fixed Element Variable element per per Month $ 2,500 1,300 8,600 6,800 $ 19,200 $ 92,626 $ 23,919 $ 37,833 $ 18,594 $ 8,386 tenant-day $26.40 $6.10 The wages and salaries in the planning budget for May would be closest to: 9.70 2.60 0.40 $18.80
Paulis 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 February, the kennel budgeted for 2,500 tenant-days, but its actual level of activity was 2,480 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue $ 0 $ 35.30 Wages and salaries $ 2,500 $ 5.90 Food and supplies 400 13.80 Facility expenses 8,900 3.40 Administrative expenses 7,800 0.40 Total expenses $ 19,600 $ 23.50 Actual results for February: Revenue $ 85,654 Wages and salaries $ 16,992 Food and supplies $ 33,084 Facility expenses $ 16,682 Administrative expenses $ 8,732 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance…
Zenon 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 July, the kennel budgeted for 3,300 tenant-days, but its actual level of activity was 3,260 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for July:Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue − $ 27.60 Wages and salaries $ 3,400 $ 5.10 Food and supplies 1,000 8.20 Facility expenses 8,600 4.90 Administrative expenses 7,000 0.40 Total expenses $ 20,000 $ 18.60 Actual results for July: Revenue $ 87,446 Wages and salaries $ 19,556 Food and supplies $ 27,262 Facility expenses $ 24,004 Administrative expenses $ 8,704 The facility expenses in the flexible budget for July would be closest to: $25,311 $24,770 $24,701 $24,574
Gordin 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 3,000 tenant-days, but its actual level of activity was 3,020 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Actual results for May: Multiple Choice Revenue $ 86,322 Wages and salaries $ 17,984 Food and supplies $ 32,444 Facility expenses $ 19,554 Administrative expenses $ 6,162 The spending variance for food and supplies in May would be closest to: O $840 U O Fixed element per month $0 $ 2,000 $840 F 800 8,500 6,000 $ 17,300 Variable element per tenant-day $ 27.60 $ 5.20 10.20 3.70 0.10 $19.20
Dinham Kennel uses tenant-days as Its measure of activity; an anlmal housed in the kennel for one day Is counted as one tenant-day. During March, the kennel budgeted for 4,600 tenant-days, but Its actual level of activity was 4,670 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 Variable element per month per tenant-day Revenue $ 35.10 Wages and salaries Food and supplies Facility expenses Administrative expenses $ 3,500 8.50 1,000 15.00 9,000 4.00 7,500 0.40 Total expenses $ 21,000 $4 27.90 Actual results for March: Revenue $143,330 Wages and salaries Food and supplies Facility expenses Administrative expenses $ 28,650 $ 71,345 $ 27,130 $ 7,105 The spending varlance for food and supplies In March would be closest to: Multiple Cholce $1,345 F $1,345 U $295 F $295 U
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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 5500 tenant-days, but its actual level of activity was 5560 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 Variable element per tenant-day $ 36.00 per month Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses 2$ 2700 9.40 1900 15.90 8300 4.90 6800 0.30 Total expenses 2$ 19,700 $ 30.50 Actual results for March: Revenue $ 179,235 Wages and salaries Food and supplies Facility expenses Administrative expenses $4 28,740 89,785 24 $ 35,875 $ 7114 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance report) for March would be closest to: Select one: O A.…
Paulis 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 February, the kennel budgeted for 4,600 tenant-days, but its actual level of activity was 4,580 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue $ 0 $ 31.10 Wages and salaries $ 3,600 $ 7.10 Food and supplies 200 11.90 Facility expenses 8,600 4.10 Administrative expenses 8,400 0.50 Total expenses $ 20,800 $ 23.60 Actual results for February: Revenue $ 108,380 Wages and salaries $ 23,560 Food and supplies $ 36,796 Facility expenses $ 19,310 Administrative expenses $ 9,152 The net operating income in the flexible budget for February would be closest to:
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 5,200 tenant-days, but its actual level of activity was 5,230 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 month Variable element per tenant-day Revenue 0 $ 35.70 Wages and salaries $ 2,400 $ 9.10 Food and supplies 1,600 15.60 Facility expenses 8,000 4.60 Administrative expenses 6,500 0.40 Total expenses $ 18,500 $ 29.70 Actual results for March: Revenue $ 171,323 Wages and salaries $ 28,710 Food and supplies $ 82,980 Facility expenses $ 32,258 Administrative expenses $ 7,111 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance…