Goodfriend 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 June, 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 used in its budgeting and its actual results for June:

Data used in budgeting: Actual results for June:
-The revenue variance for June would be closest to:
A)$3,556 U
B)$4,960 F
C)$3,556 F
D)$4,960 U

Question

Goodfriend 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 June, 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 used in its budgeting and its actual results for June:

Data used in budgeting:

Actual results for June:

-The revenue variance for June would be closest to:

Data used in budgeting: Actual results for June: 
-The revenue variance for June would be closest to:
A)$3,556 U 
B)$4,960 F 
C)$3,556 F 
D)$4,960 U

Quizplus · Accepted Answer

The Answer of Goodfriend 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 June, 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 used in its budgeting  and its actual results for June:

Data used in budgeting: Actual results for June: 
-The revenue variance for June would be closest to:
A)$3,556 U 
B)$4,960 F 
C)$3,556 F 
D)$4,960 U

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