Business, 03.07.2020 23:01 bankskry

Juenemann 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 3,800 tenant-days, but its actual level of activity was 3,770 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:

Fixed element per month Variable element per tenant-day
Revenue $33.90
Wages and salaries $2,900 $7.60
Food and supplies 600 13.40
Facility expenses 9,000 4.00
Administrative expenses 7,500 0.30
Total expenses $20,000 $25.30

Actual results for December:

Revenue $132,193
Wages and salaries $32,662
Food and supplies $48,918
Facility expenses $24,040
Administrative expenses $8,931

The spending variance for facility expenses in December would be closest to:

a. $1,040 U
b. $1,040 F
c. $1,160 F
d. $1,160 U

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Juenemann Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one...

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