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
Correct Answer:
Verified
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