Malander 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 November, the kennel budgeted for 400 tenant-days, but its actual level of activity was 3,390 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results Or November: Pata used in budgeting: Revenue Wages and salaries. Food and supplies Facility expenses Administrative expenses Total expenses Actual results for November: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Fixed element per month $0 $ 2,700 500 9,600 6,600 $ 19,400 $ 90,470 $ 20,606 $ 35,838 $20,857 $7,518 Variable element per tenant-day $28.00 $5.40 10.20 3.30 0.20 $ 19.10 The food and supplies in the flexible budget for November would be closest to:
Master Budget
A master budget can be defined as an estimation of the revenue earned or expenses incurred over a specified period of time in the future and it is generally prepared on a periodic basis which can be either monthly, quarterly, half-yearly, or annually. It helps a business, an organization, or even an individual to manage the money effectively. A budget also helps in monitoring the performance of the people in the organization and helps in better decision-making.
Sales Budget and Selling
A budget is a financial plan designed by an undertaking for a definite period in future which acts as a major contributor towards enhancing the financial success of the business undertaking. The budget generally takes into account both current and future income and expenses.
![Malander 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 November, the kennel budgeted for
3,400 tenant-days, but its actual level of activity was 3,390 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results
for November:
Data used in budgeting:
Revenue
Wages and salaries
Food and supplies
Facility expenses
Administrative expenses
Total expenses
Actual results for November:
Fixed element
per month
$0
$ 2,700
500
9,600
6,600
$ 19,400
$ 90,470
$ 20,606
Revenue
Wages and salaries
Food and supplies
Facility expenses
Administrative expenses
The food and supplies in the flexible budget for November would be closest to:
Variable element
per tenant-day
$28.00
$ 5.40
10.20
3.30
0.20
$ 19.10
$ 35,838
$ 20,857
$ 7,518](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fac3be618-b645-4bd8-855b-808ff3fc18d4%2Fbd996a8b-afb0-4a02-b773-221aaf1cfa4e%2F5dtp8cc_processed.png&w=3840&q=75)
![Multiple Choice
O
$35,180
$35,078
$35,944
$35,733](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fac3be618-b645-4bd8-855b-808ff3fc18d4%2Fbd996a8b-afb0-4a02-b773-221aaf1cfa4e%2Fajwhc6r_processed.png&w=3840&q=75)
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