Multiple Choice
Leaphart 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 2,800 tenant-days, but its actual level of activity was 2,840 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: 
The net operating income in the planning budget for May would be closest to:
A) $10,920
B) $10,437
C) $11,356
D) $10,737
Correct Answer:
Verified
Correct Answer:
Verified
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