Wales 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 February, the kennel budgeted for 2, 700 tenant-days, but its actual level of activity was 2, 730 tenant-days.The kennel has provided the following data concerning the formulas to be used in its budgeting: 
The administrative expenses in the planning budget for February would be closest to:
Definitions:
Income Distribution
The way in which a nation’s total income is spread among its population, affecting economic inequality.
Output Value
The total value of all goods or services produced by a firm or economy, often measured in terms of monetary value.
Imperfectly Competitive Market
A market structure where the assumptions of perfect competition, such as a large number of buyers and sellers, homogeneity of products, and free market entry and exit, are not fully met.
Purely Competitive
A market structure characterized by many buyers and sellers, free entry and exit, and a standardized product.
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