Multiple Choice
Pearse 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 December, the kennel budgeted for 3,000 tenant-days, but its actual level of activity was 2,980 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for December:
Data used in budgeting:
Actual results for December:
-The net operating income in the planning budget for December would be closest to:
A) $11,200
B) $12,121
C) $11,960
D) $11,400
Correct Answer:
Verified
Correct Answer:
Verified
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