Virgen 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:
Fixed Element per Month | Variable element per tenant-day | ||||
Revenue | - | $ | 26.40 | ||
Wages and salaries | $ | 2,500 | $ | 6.10 | |
Food and supplies | 1,300 | 9.70 | |||
Facility expenses | 8,600 | 2.60 | |||
Administrative expenses | 6,800 | 0.40 | |||
Total expenses | $ | 19,200 | $ | 18.80 | |
Actual results for May:
Revenue | $ | 92,626 | |
Wages and salaries | $ | 23,919 | |
Food and supplies | $ | 37,833 | |
Facility expenses | $ | 18,594 | |
Administrative expenses | $ | 8,386 | |
The wages and salaries in the planning budget for May would be closest to
Wages and salaries in planning budget = Variable + Fixed = (6.10*3700) + 2500 = 22,570 + 2500 = 25,070 |
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Virgen Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for...
Virgen 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: Fixed Element per Month Variable element per tenant-day Revenue - $ 26.40 Wages and salaries $ 2,500 $ 6.10 Food...
Vanderhyde 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 5,000 tenant- days, but its actual level of activity was 5,074 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: Fixed element per Variable element per tenant-day month Revenue 36.00 Wages and salaries 3,600 8.90...
Rhed 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 4,200 tenant-days, but its actual level of activity was 4,150 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 - $ 34.90 Wages and salaries $...
Perla 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 March, the kennel budgeted for 2,280 tenant-days, but its actual level of activity was 2,240 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue − $ 36.60 Wages and salaries $...
Dinham 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 March, the kennel budgeted for 3,600 tenant-days, but its actual level of activity was 3,630 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue - $ 34.50 Wages and salaries $...
Perla 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 March, the kennel budgeted for 2,230 tenant-days, but its actual level of activity was 2,190 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue − $ 34.10 Wages and salaries $...
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 $...
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 $...
Odin 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 March, the kennel budgeted for 2,250 tenant-days, but its actual level of activity was 2,210 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue ? $ 35.10 Wages and salaries $...
Vanderhyde Kennel uses tenant-days as its measure of activity; an animal housed in the kennel for one day is counted as one tenant-day. During May, the kennel budgeted for 4,800 tenant-days, but its actual level of activity was 4,870 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Varlable element per tenant-day Flxed element per month 2$ Revenue 34.00 8.70 Wages and salarles 4,350...