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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:
Interval
A type of variable measurement scale that represents ordered categories with equal distances between adjacent categories but no true zero point.
Ratio
A quantitative relationship between two numbers showing how many times the first number contains the second.
Pie Chart
A circular statistical graphic which is divided into slices to illustrate numerical proportion.
Frequency Polygon
A graphical device for understanding the shapes of distributions. They are a type of line graph.
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