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 5,100 tenant-days, but its actual level of activity was 5,140 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 |
- |
$35.60 |
|
|
|
| Wages and salaries |
$2,300 |
$9.00 |
| Expendables |
1,500 |
15.50 |
| Facility expenses |
7,900 |
4.50 |
| Administrative expenses |
6,400 |
0.30 |
| Total expenses |
$18,100
|
$29.30
|
Actual results for September:
| Revenue |
$170,525 |
|
|
| Wages and salaries |
$28,700 |
| Expendables |
$80,870 |
| Facility expenses |
$31,540 |
| Administrative expenses |
$7,110 |
The revenue variance for September would be closest to?