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The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 27 kilowatt-hours of electricity per patient-day, and that the
The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 27 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.15 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 2,200 euros to the electric utility to rent emergency backup electric generators. Required: Construct a flexible budget for the hospital's electricity costs using each of the following techniques. 1. Formula flexible budget. 2. Columnar flexible budget for 32,000, 42,000 and 52,000 patient-days of activity. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Formula flexible budget. Note: Round per unit to 2 decimal places. Total budgeted monthly overhead cost Budgeted variable = overhead cost per activity unit Total activity units patient days Bugeted fixed overhead cost per month
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Step: 1
Required 1 Formula Flexible Budget To construct a formula flexible budget for the hospitals electricity costs we can use the following formula Total B...Get Instant Access to Expert-Tailored Solutions
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Step: 2
Step: 3
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