Snyders 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 October, the kennel budgeted for 2,600 tenant-days, but its actual level of activity was 2,610 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: 
-The activity variance for administrative expenses in October would be closest to:
Definitions:
Market Buy Order
An order to purchase a security immediately at the best available current price.
Last Trade
The most recent transaction that occurred for a specific security on a trading platform.
Limit Order Book
A record of all the open buy and sell orders for a particular security at various prices.
Russell 2000 Index
An equity index measuring the performance of the 2,000 smallest companies in the Russell 3000 Index, commonly used as a benchmark for small-cap U.S. stocks.
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