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

question 313

Multiple Choice

Knapper 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 January, the kennel budgeted for 2,700 tenant-days, but its actual level of activity was 2,740 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: The food and supplies in the flexible budget for January would be closest to:

• A) $41,726
• B) $42,243
• C) $41,018
• D) $41,130

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Definitions:

Fraction

A mathematical expression representing a part of a whole or a part of a group by using two numbers, the numerator over the denominator.

Equivalent Fractions

Fractions that represent the same part of a whole, even though they have different numerators and denominators.

Mixed Number

A number consisting of an integer and a proper fraction.

Improper Fraction

A fraction where the numerator is greater than or equal to the denominator, representing a value greater than or equal to one.