Find the revenue variance for march would be closest to

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Reference no: EM132605965

Dinham 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 3,100 tenant-days, but its actual level of activity was 3,120 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:

Fixed element per month Variable element per tenant-day

Revenue - $34.00

Wages and salaries           $2,000               $7.00

Food and supplies             1,000                 13.50

Facility expenses                7,500                   2.50

Administrative expenses         6,000                 0.10

Total expenses                       $16,500          $23.10

Actual results for March:

Revenue $104,372

Wages and salaries $28,500

Food and supplies $44,025

Facility expenses $14,900

Administrative expenses $7,090

Question 1: The revenue variance for March would be closest to

Reference no: EM132605965

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