Rhed 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 December, the kennel budgeted for 3,700 tenant-days, but its actual level of activity was 3,650 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for December:
Data used in budgeting:
Actual results for December:
-The facility expenses in the flexible budget for December would be closest to:
Definitions:
Dependent Variable
In an experiment, the variable that is being measured and tested, and is expected to change when the independent variable is altered.
Laboratory Setting
An environment controlled by researchers to conduct experiments or observations under standardized conditions.
Independent Variable
The independent variable is the variable that is manipulated or changed in an experiment to test its effect on the dependent variable.
Functional Relationship
A relationship in which changes in one variable are associated with changes in another variable, typically indicating a causal link.
Q18: The number of units to be produced
Q31: The net operating income in the flexible
Q78: When the raw materials used in production
Q111: The selling and administrative expense budget of
Q120: Gusler Corporation makes one product and has
Q155: The activity variance for "Refurbishing materials" for
Q215: The budgeted sales for August is closest
Q258: The direct labor in the planning budget
Q311: The spending variance for medical supplies in
Q373: The direct materials in the flexible budget