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

question 159

Multiple Choice

Sorrow 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 November, the kennel budgeted for 2,300 tenant-days, but its actual level of activity was 2,350 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for November:

Data used in budgeting:

Actual results for November:


-The activity variance for net operating income in November would be closest to:

• A)$1,520 U
• B)$590 F
• C)$1,520 F
• D)$590 U

Analyze the impact of the scientific, democratic, and industrial revolutions on the development of sociology.

Explain the influence of social groups on individual behavior with practical examples.

Compare and contrast different social structures (micro, macro, and global) and their interaction in social life.

Understand major sociological theories (functionalism, conflict theory, symbolic interactionism, and feminism) and their contrasting views.

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Definitions:

Taxable Incomes

The portion of an individual's or corporation's income used to determine how much tax is owed to the government.

Tax Bracket

A range of incomes taxed at a given rate, used in a progressive tax system to ensure fairness.

Taxable Income

The amount of an individual's or a corporation's income used to determine how much tax they owe to the government in a given tax year.

Deductions

Amounts that are subtracted from income before it is subjected to taxation, decreasing the total taxable income amount.