Question: The controller for Rainbow Children s Hospital, located in Munich, Germany, estimates that the hospital uses 2 7 kilowatt - hours of electricity per patient

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.

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