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

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Laboe 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 2,900 tenant-days, but its actual level of activity was 2,940 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting: Laboe 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 2,900 tenant-days, but its actual level of activity was 2,940 tenant-days. The kennel has provided the following data concerning the formulas to be used in its budgeting:   -The net operating income in the planning budget for February would be closest to: A)  $7,191 B)  $7,391 C)  $7,900 D)  $8,260
-The net operating income in the planning budget for February would be closest to:

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