User Account

All Pages

Roye kennel uses tenant-days as its measure of activity an

Assignment Help Accounting Basics
Reference no: EM13584102

Roye 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 September, Kennel budgeted for 5,100 tenant-days, but its actual level of activity was 5,140 tenant-days. Kennel has provided the following data concerning the formulas used in its budgeting and its actual results for September:

Data used in budgeting:


 Fixed element
per month		 Variable element per tenant-day
  Revenue - $35.60      



  Wages and salaries $2,300 $9.00      
  Expendables 1,500 15.50      
  Facility expenses 7,900 4.50      
  Administrative expenses   6,400 0.30      
  Total expenses

$18,100

$29.30      

Actual results for September:

  Revenue $170,525   


  Wages and salaries $28,700   
  Expendables $80,870   
  Facility expenses $31,540   
  Administrative expenses $7,110   

The revenue variance for September would be closest to?

Reference no: EM13584102

Questions Cloud

How much profit loss does the company make by processing : sohr corporation processes sugar beets that it purchases from farmers. sugar beets are processed in batches. a batch of
Matthew borrows 250000 to invest in bonds during 2013 his : matthew borrows 250000 to invest in bonds. during 2013 his interest on the loan is 30000. matthews interest income from
A garage door opener has six toggle switches each with : a garage door opener has six toggle switches each with three settings up center and down. how many settings are
On january 1 2013 bradley recreational products issued : on january 1 2013 bradley recreational products issued 100000 9 four-year bonds. interest is paid semi-annually on june
Roye kennel uses tenant-days as its measure of activity an : roye kennel uses tenant-days as its measure of activity an animal housed in the kennel for one day is counted as one
Discussion board db is part of the core of online learning : discussion board db is part of the core of online learning. classroom discussion in an online environment requires the
Cornucopia inc is planning to invest in new manufacturing : cornucopia inc. is planning to invest in new manufacturing equipment to make a new garden tool. the new garden tool is
Compute the plantwide overhead rate that would be used in : precision manufacturing inc. pmi makes two types of industrial component parts-the ex300 and the tx500. it annually
Question a graduate student has decided she needs a day at : question a graduate student has decided she needs a day at the beach. she will need a swimsuit a pair of sunglasses and

Reviews

Write a Review

Accounting Basics Questions & Answers

  The inventory balances of tog designs

On May 31, the inventory balances of Tog Designs, a manufacturer of high quality children's clothing, were as follows: Materials Inventory, $21,360; Work in Process Inventory

  Which of the following would be most useful in deciding

1. a companys current ratio equalsa. current assets x current liabilitiesb. current liabilitiescurrent assetsc. current

  Trade or business expenditures

Which of the following trade or business expenditures of Ajax Inc. are deductible on its current year tax return? If an expenditure is not deductible, explain why it is not a valid deduction.

  Assume that abdel business corporation is purchasing new

question in accounting1.assume that abdel business corporation is purchasing new equipment for 350000 at the beginning

  Determine the amount of net cash flows from operating

determine the amount of net cash flows from operating activities teresau2019s will report on the third quarter pro

  Randolph is a 30 partner in the rd partnership on january 1

randolph is a 30 partner in the rd partnership. on january 1 rd distributes 15000 cash an investment with a fair value

  Effective-interest amortization problem

A company issues $20,000,000, 7.8%, 20-year bonds to yield 8% on January 1, 2007. Interest is paid on June 30 and December 31. The proceeds from the bonds are $19,604,145. Using effective-interest amortization, what will the carrying value of the ..

  Advantage of a corporation over partnership

Which of the following is an advantage of a corporation over a partnership?

  The following materials standards have been established for

the following materials standards have been established for a particular product standard quantity per unit of output

  How do we calculate the market value of a bond

In connection with the issue of bonds at a premium or a discount, what does the term carrying value of bonds mean? What would the carrying value be at maturity date?

  What is pedro charitable contribution

Pedro's child attends a school operated by the church the family attends. Pedro made a donation of $1,000 to the church in lieu of the normal registration fee of $200. In addition, Pedro paid the regular tuition of $6,000 to the school. Based on t..

  On january 7 2009 yoder corporation acquired machinery at a

on january 7 2009 yoder corporation acquired machinery at a cost of 1200000. yoder adopted the sum-of-the-years-digits

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd