question archive Vidal Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day
Vidal Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day
Subject:AccountingPrice: Bought3
Vidal 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, the kennel budgeted for 3,700 tenant-days, but its actual level of activity was 3,690 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Vidal 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, the kennel budgeted for 3,700 tenant-days. but its actual level of activity was 3,690 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Revenue Fixed-Element Variable element per Month per tenant-day $ 26.40 $ 2,500 $ 6.10 1,300 9.70 8,600 2.60 6,800 0.40 19.200 18.80 Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Actual results for May: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses $ 92,626 $ 23,919 $ 37,833 $ 18,594 $ 8,386 Requirement: Prepare a flexible performance report for the month of May.
