Question: Multiple Choice 1 ) $1,075 F 2) $1,075 U 3) $499 U 4) $499 F Dinham Kennel uses tenant-days as its measure of activity; an

Multiple Choice 1 ) $1,075 F 2) $1,075 U 3) $499

Multiple Choice

1 ) $1,075 F

2) $1,075 U

3) $499 U

4) $499 F

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 4,500 tenant-days, but its actual level of activity was 4,560 tenant-days. The kennel has provided the following data concerning the formulas used in its budgeting and its actual results for Match: Data used in budgeting: Actual results for March: The revenue variance for March would be closest to

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4. Explain the strengths and weaknesses of each approach.