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

question 307

Multiple Choice

Neighbors 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 April, the kennel budgeted for 3,000 tenant-days, but its actual level of activity was 2,960 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for April:
Data used in budgeting:
Actual results for April:

-The activity variance for wages and salaries in April would be closest to:

• A) $228 F
• B) $112 F
• C) $228 U
• D) $112 U

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Definitions:

Vendor Transaction

A financial transaction occurring between a business and its vendor, typically involving the purchase of goods or services.

Services Billed

Charges invoiced to a client or customer for professional services or work completed.

Pay Later

A payment option allowing consumers to purchase goods or services immediately but defer payment until a later date.

QBO Vendors List

A feature in QuickBooks Online that allows users to manage and keep track of their vendors and supplier information.