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

question 219

Multiple Choice

Perla 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 2,200 tenant-days, but its actual level of activity was 2,160 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for March:

Data used in budgeting:

Actual results for March:

-The food and supplies in the flexible budget for March would be closest to:

• A)$18,612
• B)$18,745
• C)$19,446
• D)$18,940

Understand the importance and examples of branding in marketing.

Comprehend the role of ethics in business and the workplace.

Recognize the value of creativity and innovation in business management and development.

Understand the complexities and varying aspects of different cultures.

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Definitions:

Marginal Cost

The additional cost incurred by producing one more unit of a product or service.

Marginal Benefit

The extra enjoyment or benefit derived from acquiring or generating another unit of a product or service.

Total Benefit

The complete gain or value derived from consuming a good or service, encompassing all individual benefits.

Lane Costs

Lane costs refer to the expenses associated with the transportation and logistics of goods along specific routes or lanes in a supply chain.