Multiple Choice
Nicolini 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 October, the kennel budgeted for 2,200 tenant-days, but its actual level of activity was 2,250 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for October:
Data used in budgeting:
Actual results for October:
-The spending variance for food and supplies in October would be closest to:
A) $600 F
B) $5 F
C) $600 U
D) $5 U
Correct Answer:
Verified
Correct Answer:
Verified
Q124: The revenue and spending variances are the
Q125: Lantagne Clinic uses client-visits as its measure
Q126: Pearse Kennel uses tenant-days as its measure
Q127: Pearse Kennel uses tenant-days as its measure
Q128: An unfavorable activity variance for a variable
Q130: Ruetz Clinic uses client-visits as its measure
Q131: Branner Corporation uses customers served as its
Q132: During July, Heron Corporation plans to serve
Q133: Fixed costs should be included in a
Q134: Rothrock Clinic uses patient-visits as its measure