Hubbard 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 January, the kennel budgeted for 2,100 tenant-days, but its actual level of activity was 2,060 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for January:Data used in budgeting: Fixed Element per MonthVariable Element per Tenant-DayRevenue - $31.10      Wages and salaries$2,300 $7.20Food and supplies 1,000  8.10Facility expenses 9,500  2.70Administrative expenses 7,000  0.30Total expenses$ 19,800 $ 18.30Actual results for January:  ?Revenue$63,606 Wages and salaries$17,282?Food and supplies$18,346?Facility expenses$14,432?Administrative

expenses$7,408?The net operating income in the flexible budget for January would be closest to: (Round your intermediate calculations to 2 decimal places.)

A. $7,080
B. $6,021
C. $6,568
D. $6,257


Answer: C

Business

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