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

question 357

Multiple Choice

Vanderhyde 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 May,the kennel budgeted for 3,300 tenant-days,but its actual level of activity was 3,340 tenant-days.The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for May: Data used in budgeting: Actual results for May: The net operating income in the planning budget for May would be closest to:

• A)$13,020
• B)$19,025
• C)$13,436
• D)$19,489

Identify different methods for estimating cost behavior, including the high-low method and least-squares regression method.

Compute and understand the significance of the total contribution margin, contribution margin ratio, and margin of safety.

Apply the concept of break-even analysis for both units and dollars, and its implications for business planning.

Use the degree of operating leverage to assess the impact of sales volume changes on profit.

---

Definitions:

Unschooled Peers

Individuals, typically children or adolescents, who acquire their education and socialization outside of formal school settings.

Instructional Discourse

The structured communication or dialogue that takes place within educational settings, focused on imparting knowledge or skills.

Shirley Heath

A researcher in the field of linguistic anthropology, notable for her work on the ways in which language use varies according to social context and contributes to identity formation.

Home Discourse

The way in which families communicate and interact within the home, influencing children's linguistic and social development.