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27 June, 14:02

Hubbard 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 January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting: Fixed Element per Month Variable element per tenant-day Revenue - $ 31.10 Wages and salaries $ 2,300 $ 7.20 Food and supplies 1,000 8.10 Facility expenses 9,500 2.70 Administrative expenses 7,000 0.30 Total expenses $ 19,800 $ 18.30 Actual results for January: Revenue $ 63,606 Wages and salaries $ 17,282 Food and supplies $ 18,346 Facility expenses $ 14,432 Administrative expenses $ 7,408 The wages and salaries in the planning budget for January would be closest to:

Multiple Choice

A. $17,282

B. $17,618

C. $17,420

D. $17,132

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Answers (1)
  1. 27 June, 17:37
    0
    Instructios are listed below.

    Explanation:

    Giving the following information:

    Hubbard 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 January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days.

    Wages and salaries:

    Fixed = $ 2,300

    Variable = $ 7.20

    Estimated Wages and Salaries = 2,300 + 7.2*2,100 = $17,420
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