Galante 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 3,400 tenant-days, but its actual level of activity was 3,380 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:
Actual results for May:
-The net operating income in the flexible budget for May would be closest to:
A)$16,115
B)$15,926
C)$10,130
D)$10,300

Question

Galante 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 3,400 tenant-days, but its actual level of activity was 3,380 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:

Actual results for May:

-The net operating income in the flexible budget for May would be closest to:

Data used in budgeting:
 Actual results for May: 
-The net operating income in the flexible budget for May would be closest to:
A)$16,115 
B)$15,926 
C)$10,130 
D)$10,300

Quizplus · Accepted Answer

The Answer of Galante 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 3,400 tenant-days, but its actual level of activity was 3,380 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:
 Actual results for May: 
-The net operating income in the flexible budget for May would be closest to:
A)$16,115 
B)$15,926 
C)$10,130 
D)$10,300

Galante Kennel Uses Tenant-Days as Its Measure of Activity; an Animal