Paulis 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 February, the kennel budgeted for 5,300 tenant-days, but its actual level of activity was 5,320 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Actual results for February:
The net operating income in the planning budget for February would be closest to:
A) $10,200
B) $20,007
C) $10,320
D) $20,101
Correct Answer:
Verified
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