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 facility expenses in the flexible budget for January would be closest to:
Definitions:
Developing Countries
Nations with a lower living standard, undeveloped industrial base, and low Human Development Index (HDI) relative to other countries.
Skilled Workers
Individuals who have specialized training or expertise in a particular job or industry, often requiring formal education or apprenticeship.
Foreign Aid
Financial or in-kind assistance given by one country to another, often for developmental projects, humanitarian aid, or economic stabilization.
World Bank
A global financial intermediary that provides financial assistance and grants to the governments of developing nations with the aim of pursuing capital project investments.
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