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

question 247

Multiple Choice

Zenon 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 July, the kennel budgeted for 3,300 tenant-days, but its actual level of activity was 3,260 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for July: Data used in budgeting: Actual results for July: The facility expenses in the flexible budget for July would be closest to:

• A)$25,311
• B)$24,770
• C)$24,701
• D)$24,574

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Definitions:

Assumes the Mortgage

The process by which a buyer takes over the seller's mortgage as part of the terms of purchasing a home.

Personally Liable

Refers to the direct responsibility an individual has to fulfill an obligation or debt, making their personal assets vulnerable to being claimed in the event of non-fulfillment.

Enabling Statute

Legislation that creates new powers or authorities for government agencies or officials to implement and enforce laws.

Open Spaces

Areas of land that are not developed, reserved for public use or enjoyment, often to preserve natural or cultural resources.