Business, 19.02.2021 03:40 maxgeacryne5573

Paulis 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 4,800 tenant-days, but its actual level of activity was 4,780 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for February: Data used in budgeting: Fixed element per monthVariable element per tenant-day Revenue - $31.30 Wages and salaries$3,800 $7.30 Food and supplies 400 12.10 Facility expenses 8,800 4.30 Administrative expenses 8,600 0.10 Total expenses$21,600 $23.80 Actual results for February: Revenue$108,580 Wages and salaries$23,580 Food and supplies$36,798 Facility expenses$19,330 Administrative expenses$9,156 The net operating income in the planning budget for February would be closest to:

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