Static Flexible Actual Number of surgeries 1,200 1,300 1,300 Patient revenue $2,400 $2,600 $2,535 Salary expense 1,200 1,300 1,365 Non-salary expense 600 650 585 Profit $600 $650 $585 The center assumes that all revenues and costs are variable and hence tied directly to patient volume. a. Explain how each amount in the flexible budget was calculated. (Hint Examine the static budget to determine the relationship of each bud¬ get line to volume.)

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Required solution Ans a Computation of the each amount in the flexible budget was calculatedWe ha... View the full answer