Sorrow 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 November, the kennel budgeted for 2, 300 tenant-days, but its actual level of activity was 2, 350 tenant-days.The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for November: Data used in budgeting: 
Actual results for November: 
The activity variance for net operating income in November would be closest to:
Definitions:
Annual Percentage Rate
The annual percentage rate (APR) is the yearly interest rate charged on borrowed money, including any fees or additional costs, providing a comprehensive cost measure.
Interest Per Month
The amount of interest payable each month on a loan, mortgage, or any other financial obligation that incurs interest.
Rate Of Return
The net gain or loss on an investment over a specified time period, expressed as a percentage of the investment's initial cost.
Compounded Monthly
Interest calculation method where the interest earned is added to the principal each month, resulting in interest on interest.
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