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

Question 250

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Smithj 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 3,500 tenant-days, but its actual level of activity was 3,490 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: Smithj 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 3,500 tenant-days, but its actual level of activity was 3,490 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:   Actual results for February:   The revenue variance for February would be closest to: A) $640 F B) $918 F C) $640 U D) $918 U Actual results for February: Smithj 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 3,500 tenant-days, but its actual level of activity was 3,490 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:   Actual results for February:   The revenue variance for February would be closest to: A) $640 F B) $918 F C) $640 U D) $918 U The revenue variance for February would be closest to:


A) $640 F
B) $918 F
C) $640 U
D) $918 U

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