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: Actual results for July: The net operating income in the flexible budget for July would be closest to:
A)$9, 700
B)$6, 599
C)$6, 762
D)$9, 340

Question

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:  Actual results for July:  The net operating income in the flexible budget for July would be closest to:
A)$9, 700 
B)$6, 599 
C)$6, 762 
D)$9, 340

Quizplus · Accepted Answer

The Answer of 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:  Actual results for July:  The net operating income in the flexible budget for July would be closest to:
A)$9, 700 
B)$6, 599 
C)$6, 762 
D)$9, 340

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