Tessmer 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 3,100 tenant-days, but its actual level of activity was 3,090 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for January: Data used in budgeting:
Actual results for January:
The net operating income in the flexible budget for January would be closest to:
Definitions:
Pleasure
The feeling of happiness or satisfaction resulting from an enjoyable activity or sensory experience.
Insulation Job
Work involving the installation or replacement of insulating materials in buildings to improve energy efficiency or soundproofing.
Annual Fuel Bill
The total cost incurred for fuel consumption over the course of a year, often important for budgeting in households and businesses.
Insulation Job
A task involving the addition or replacement of insulating materials in a building to improve energy efficiency.
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