Dinham 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 March, the kennel budgeted for 2,000 tenant-days, but its actual level of activity was 2,040 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Data used in budgeting:
Actual results for March:
The revenue variance for March would be closest to:
Definitions:
Frederick Herzberg
An American psychologist best known for introducing the two-factor theory of motivation, distinguishing between motivators and hygiene factors in the workplace.
Abram Maslow
A rephrasing of Abraham Maslow, who was an American psychologist known for creating Maslow's hierarchy of needs, a theory of psychological health predicated on fulfilling innate human needs.
Unsubstantiated Generalizations
Statements made broadly about a group, situation, or phenomenon without supporting evidence or data.
Self-Actualized Individual
A person who has achieved the highest level of growth and self-fulfillment, according to Maslow's hierarchy of needs.
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