provide answer of this General accounting question Alpine Resort uses guest nights as its measure of activity; a guest staying at the resort for one night is counted as one guest night. During July, the resortbudgeted for 3,800 guest nights, but its actual level of activity was 3,750 guest nights. The resort has provided the following data concerning the formulasused in its budgeting and its actual results for July:Data used in budgeting:Fixed element per month Variable element per guest-nightRevenue$210.00Housekeeping$14,500$22.50Food and beverage $18,200$38.75Facility expenses$26,400$9.25Marketing expenses $12,300$1.50Total expenses$71,400$72.00Actual results for July:RevenueHousekeepingAmount$787,500$98,650Food and beverage $163,400Facility expenses $60,950Marketing expenses $17,950The activity variance for marketing expenses in July would be:a. $75 Ub. $75 Fc. $1,575 Ud. $1,575 F

Step 1: Calculate the Flexible Budget for Marketing ExpensesThe formula for the flexible budgeted…

Answered: Alpine Resort uses guest nights as its…

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Rhed kennel uses
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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 5,200 tenant-days, but its actual level of activity was 5,230 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-day Revenue 0 $ 35.70 Wages and salaries $ 2,400 $ 9.10 Food and supplies 1,600 15.60 Facility expenses 8,000 4.60 Administrative expenses 6,500 0.40 Total expenses $ 18,500 $ 29.70 Actual results for March: Revenue $ 171,323 Wages and salaries $ 28,710 Food and supplies $ 82,980 Facility expenses $ 32,258 Administrative expenses $ 7,111 The overall revenue and spending variance (i.e., the variance for net operating income in the revenue and spending variance column on the flexible budget performance…
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 4,800 tenant-days, but its actual level of activity was 4,820 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 Variable element element per per month tenant-day Revenue $35.30 $ 2,000 Wages and salaries Food and supplies $ 8.70 1,200 15.20 Facility expenses Administrative expenses 7,600 4.20 7,700 0.60 Total expenses $18,500 $28.70 Actual results for March: Revenue $145,135 Wages and salaries Food and supplies Facility expenses $ 28,670 $ 75,065 $ 27,230 $ 7,107 Administrative expenses The spending variance for food and supplies in March would be closest to:
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