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

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Definitions:

Red Triangle

The Red Triangle refers to a geographic area in the Pacific Ocean off the coast of Northern California, noted for a high number of great white shark attacks.

Plate Boundaries

The edges where two tectonic plates meet, characterized by seismic and volcanic activity due to plate interactions such as divergence, convergence, or transformation.

Volcano

a geological formation that occurs when magma from within the Earth's mantle or crust escapes to the surface, often resulting in eruptions.

Plate Boundaries

The edges where two tectonic plates meet, often associated with earthquakes and volcanic activity.