Answer:
Dog Kennel
The revenue variance for March would be closest to:
= $1,028 U
Explanation:
a) Data and Calculations:
Budgeted kennel tenant-days = 3,100
Actual kennel tenant-days = 3,120
Fixed element Variable element Total
per month per tenant-day
Revenue - $ 34.00 $105,400
Wages and salaries $ 2,000 $ 7.00 $23,700
Food and supplies 1,000 13.50 42,850
Facility expenses 7,500 2.50 15,250
Administrative expenses 6,000 0.10 6,310
Total expenses $ 16,500 $ 23.10 $88,110
Actual results for March:
Revenue $ 104,372
Wages and salaries $ 28,500
Food and supplies $ 44,025
Facility expenses $ 14,900
Administrative expenses $ 7,090
Total expenses $94,515
Revenue variance for March would be closest to: $1,028 U ($105,400 - $104,372)
