Examlex

Solved

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

question 31

Multiple Choice

Marsee 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 June, the kennel budgeted for 2,500 tenant-days, but its actual level of activity was 2,510 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for June:

Data used in budgeting:
Marsee 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 June, the kennel budgeted for 2,500 tenant-days, but its actual level of activity was 2,510 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for June:  Data used in budgeting:   Actual results for June:   -The activity variance for administrative expenses in June would be closest to: A) $269 F B) $1 U C) $269 U D) $1 F Actual results for June: Marsee 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 June, the kennel budgeted for 2,500 tenant-days, but its actual level of activity was 2,510 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for June:  Data used in budgeting:   Actual results for June:   -The activity variance for administrative expenses in June would be closest to: A) $269 F B) $1 U C) $269 U D) $1 F
-The activity variance for administrative expenses in June would be closest to:


Definitions:

Knowledge-Based

Relates to systems or approaches that utilize a comprehensive collection of understanding or data to solve problems.

Nominal-Kind

Refers to categories or classes that are defined by specific, shared features among their members, in the context of linguistics or logic.

Categorization

The cognitive process of grouping things based on shared characteristics or properties.

Musical Instrument

An object or device created or adapted to produce musical sounds.

Related Questions