Revenue variance for october would be closest to


Question: Crestwood Pet Care uses tenant-days as its measure of operational activity; each day an animal stays at the facility counts as one tenant-day. In October, Crestwood budgeted for 2,000 tenant-days, yet the actual activity amounted to 2,040 tenant-days. The facility has shared the following information regarding the budgeting formulas and the actual outcomes for October: Data used in budgeting: Fixed element per month Variable element per tenant-day Revenue 0 $ 35.40 Wages and salaries $ 3,000 $ 6.60 Food and supplies 400 12.20 Facility expenses 9,600 2.30 Administrative expenses 7,800 0.20 Total expenses $ 20,800 $ 21.30 Actual results for March: Revenue $ 69,576 Wages and salaries $ 16,204 Food and supplies $ 25,008 Facility expenses $ 14,122 Administrative expenses $ 8,238 The revenue variance for October would be closest to: Group of answer choices $2,640 U $2,640 F $1,224 U $1,224 F

 

 

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Accounting Basics: Revenue variance for october would be closest to
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