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

question 322

Multiple Choice

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:

• A)$6,639
• B)$6,713
• C)$6,970
• D)$6,973

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Definitions:

Logarithm

The power to which a base, often 10 or e, needs to be elevated in order to generate a specific number.

Properties of Logarithms

Rules that simplify the manipulation and solving of logarithmic equations, such as product, quotient, and power rules.

Vertical Asymptote

A line that a graph approaches but never touches or crosses, representing where the function moves towards infinity or negative infinity.

Logarithm

The power to which a base, such as 10 or e, must be raised to produce a given number; it's the inverse operation to exponentiation.