Smithj 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 3, 500 tenant-days, but its actual level of activity was 3, 490 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 spending variance for food and supplies in February would be closest to:
A)$1, 040 U
B)$1, 040 F
C)$949 F
D)$949 U

Question

Smithj 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 3, 500 tenant-days, but its actual level of activity was 3, 490 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 spending variance for food and supplies in February would be closest to:
A)$1, 040 U 
B)$1, 040 F 
C)$949 F 
D)$949 U

Quizplus · Accepted Answer

The Answer of Smithj 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 3, 500 tenant-days, but its actual level of activity was 3, 490 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 spending variance for food and supplies in February would be closest to:
A)$1, 040 U 
B)$1, 040 F 
C)$949 F 
D)$949 U

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