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Roye Kennel: calculate pending variance in a month

Question

Roye 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 September, Kennel budgeted for 3,300 tenant-days, but its actual level of activity was 3,340 tenant-days. Kennel has provided the following data concerning the formulas used in its budgeting and its actual results for September:


Data used in budgeting:

 

Fixed element
per month

Variable element per tenant-day

Revenue

$34.20

     

Wages and salaries

$2,200

$7.20

 

Expendables

1,200

13.70

Facility expenses

7,700

2.70

Administrative expenses

6,200

0.30

Total expenses

$17,300

$23.90


Actual results for September:

Revenue

$111,226

   

Wages and salaries

$28,520

Expendables

$47,305

Facility expenses

$15,750

Administrative expenses

$7,092


The spending variance for facility expenses in September would be closest to:

 a. $860 U

b. $968 F

c. $860 F

d. $968 U

 

 

 

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