Business, 19.11.2019 04:31 wolfking800

Tessmer 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, kennel budgeted for 3,500 tenant-days, but its actual level of activity was 3,480 tenant-days. kennel has provided the following data concerning the formulas used in its budgeting and its actual results for may: data used in budgeting: fixed elementvariable element per tenant-day per month revenue —$30.00 wages and salaries$2,500$6.00 food and supplies70010.80 facility expenses7,5003.00 administrative expenses7,3000.60 total expenses$18,000$20.40 actual results for may: revenue$107,280 wages and salaries$23,450 food and supplies$36,785 facility expenses$19,200 administrative expenses$9,130 the net operating income in the flexible budget for may would be closest to: a. $18,715 b. $18,621 c. $15,408 d. $15,600

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