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

question 64

Multiple Choice

Juenemann 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 3,800 tenant-days, but its actual level of activity was 3,770 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 wages and salaries in the planning budget for December would be closest to:

• A)$31,780
• B)$31,552
• C)$32,922
• D)$32,662

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Definitions:

Real Income

The income of an individual or group after adjusting for inflation, representing the actual purchasing power.

Market Size

The total volume of sales or potential sales for a particular product or service in a specific market.

Distribution Networks

Systems of intermediaries and channels a company uses to get a product from the manufacturer to the end consumer.

Global Distribution

involves the process of making a product or service available for consumption in multiple countries around the world through a systematic logistic network.