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 2,000 tenant-days, but its actual level of activity was 2,040 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-dayRevenue - $35.40Wages and salaries$3,000 $6.60Food and supplies 400 12.20Facility expenses 9,600 2.30Administrative expenses 7,800 0.20Total expenses$ 20,800 $ 21.30Actual 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
spending variance for facility expenses in March would be closest to:
A. $170 U
B. $78 F
C. $170 F
D. $78 U
Answer: C
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Indicate whether the statement is true or false
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What will be an ideal response?
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Which of the following statements is false?
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