-
+1 - 312-224-1615
Get in touch with us
-
support@helpwithassignment.com
Send us an e-mail
Solution Library
Roye Kennel: calculate revenue variance
Question
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 3,200 tenant-days, but its actual level of activity was 3,250 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 |
Variable element per tenant-day |
|
|
Revenue |
— |
$34.10 |
|
Wages and salaries |
$2,100 |
$7.10 |
|
Expendables |
1,100 |
13.60 |
|
Facility expenses |
7,600 |
2.60 |
|
Administrative expenses |
6,100 |
0.20 |
|
Total expenses |
$16,900 |
$23.50 |
Actual results for September:
|
Revenue |
$107,351 |
|
Wages and salaries |
$28,510 |
|
Expendables |
$46,025 |
|
Facility expenses |
$15,500 |
|
Administrative expenses |
$7,091 |
The revenue variance for September would be closest to:
a. $1,769 F
b. $1,769 U
c. $3,474 F
d. $3,474 U
Download Full Solution
WHAT OUR STUDENTS SAY
My main concern was having the relevant research and reference work required to be included in writing the process capability assignment solutions. The professors are very particular about referenced and researched assignments and with the process capability online experts at TheReliableTutor I have never have had to worry about that. I have received only the very best researched and 100% original process capability assignment essay from HwA.
Alicia Morrow Student
I was really struggling with the effect of current and magnetism assignments in undergraduate class when I came across TheReliableTutor and they really have brilliant Physics electricity Online Experts. The experts have worked on my Physics electricity solution and helped me get good grades.
Liam McDevitt Student
I started taking their help while pursuing my managerial economics course in New York. So far it is a wonderful experience as unlike most of the online tutoring services, the econ tutors at HwA has industry experience and that enhances the quality of the economics papers.
Liam Wickham Student
I was struggling with the deadlines of my assignments and increasingly felt at a loss with my Asian Legal Studies assignments. 24 hours in a day were not enough to do the research and structure the assignment essay. At TheReliableTutor the tutors understand my deadlines and I have never had them delay.
Shivamani T Student
I never learned how to analyze the results of a multi-variants regression test and ANOVA test before I approached HwA. The experts here are so helpful and cordial that they in simple language wrote the analysis report and helped me get good marks in my assignment. Since then I always approach HwA whenever I face difficulties with my assignments.
Jackson Levay Student
Comments
this is a very good website
I have 50 questions for the same test your page is showing only 28
hi can you please help or guide me to answer my assignments. thanks
hi can anyone help or guide me to my assignments. thanks
This solution is perfect ...thanks
Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes
Perfect bank of solution.
great !
thanks for the quick response. the solution looks good. :)
thnx for the answer. it was perfect. just the way i wanted it.
works fine.