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

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Arkin 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 3,100 tenant-days, but its actual level of activity was 3,070 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:
Arkin 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 3,100 tenant-days, but its actual level of activity was 3,070 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 expendables in the flexible budget for May would be closest to: A) $35,084 B) $35,420 C) $35,854 D) $36,558 Actual results for May: Arkin 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 3,100 tenant-days, but its actual level of activity was 3,070 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 expendables in the flexible budget for May would be closest to: A) $35,084 B) $35,420 C) $35,854 D) $36,558
-The expendables in the flexible budget for May would be closest to:

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US Dollar Appreciates

An increase in the value of the US dollar relative to other currencies, making foreign goods and services cheaper for US consumers and US exports more expensive for foreign buyers.

US Exports

Goods or services sold by the United States to buyers in other countries.

Foreigners

Individuals who come from a different country or nation than the one being referred to.

Carry Trade

A financial strategy that involves borrowing at a low interest rate and investing in an asset that provides a higher rate of return.

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