Malander 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 November, the kennel budgeted for 3,400 tenant-days, but its actual level of activity was 3,390 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting:
Fixed element per month Variable element per
tenant-day
Revenue - $ 28.00
Wages and salaries $ 2,700 $ 5.40
Food and supplies 500 10.20
Facility expenses 9,600 3.30
Administrative expenses 6,600 0.20
Total expenses $ 19,400 $ 19.10
Actual results for November:
Revenue $ 90,470
Wages and salaries $ 20,606
Food and supplies $ 35,838
Facility expenses $ 20,857
Administrative
expenses $ 7,518
The revenue variance for November would be closest
The answer in the space provided is early childhood and
toddler hood because they are likely to be prone to infectious disease as they
are still young and have a weak immune system that made them susceptible to be
associated with diseases that they could obtain easily.
Like-kind property is real property held for investment or use in a trade or business exchanged for real property held for investment or use in a trade or business.
However, Taxpayers must defer gain or loss realized on the exchange of like-kind property.
