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:

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