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

question 153

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Swader 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 March, the kennel budgeted for 2,900 tenant-days, but its actual level of activity was 2,930 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March: Swader 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 March, the kennel budgeted for 2,900 tenant-days, but its actual level of activity was 2,930 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:   -The expendables in the flexible budget for March would be closest to: A)  $25,905 B)  $25,650 C)  $27,274 D)  $26,719
-The expendables in the flexible budget for March would be closest to:


Definitions:

Quasi-contract

A legal concept where a court imposes an obligation on a party to prevent unjust enrichment, even though no actual contract exists.

Void Contract

A contract that has no legal effect and is unenforceable from its inception due to certain legal deficiencies or violations.

Unenforceable Contract

An agreement that is not legally binding, either due to its failure to meet certain legal requirements or because it involves illegal activities.

Contractual Duties

Obligations that a party is bound to perform under the terms of a contract.

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