Leaphart 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 2,800 tenant-days, but its actual level of activity was 2,840 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: The net operating income in the planning budget for May would be closest to:
A)$10,920
B)$10,437
C)$11,356
D)$10,737

Question

Leaphart 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 2,800 tenant-days, but its actual level of activity was 2,840 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:  The net operating income in the planning budget for May would be closest to:
A)$10,920 
B)$10,437 
C)$11,356 
D)$10,737

Quizplus · Accepted Answer

The Answer of Leaphart 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 2,800 tenant-days, but its actual level of activity was 2,840 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:  The net operating income in the planning budget for May would be closest to:
A)$10,920 
B)$10,437 
C)$11,356 
D)$10,737

Leaphart Kennel Uses Tenant-Days as Its Measure of Activity; an Animal