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

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