(a) V Your answer is correct. Calculate the total theoretical capacity of the administrative staff, as well as its practical capacity for completing tasks. Theoretical Capacity Practical Capacity Number of hours 55500 hours 44400 hours Number of minutes 3330000 minutes 2664000 minutes Then calculate the cost per hour and the cost per minute for their available time. (Round answers to 2 decimal places, e.g. 15.25.) Practical Capacity Cost per hour $ 36.04 per hour Cost per minute $ 60 per minuteCalculate the administrative cost assigned to each of the key standard transactions listed above. {Round answer ta2 decimal places, 8.3. 15.25.} Assigned Administrative Cost Urgent care checkin $ General practice checkin $ Laboratory proced LJI'E' processing 5 Oriole Clinic's directors are budgeting for administrative staff for next year. They need to plan for enough capacity to handle patients in the clinic's three practice areas: urgent care, general practice, and laboratory. The administrative staff can uctuate between areas, but they are primarily assigned to one of these stations. There are 29 staff members total, 24 working full-time and 5 working 30 hours per week. Each staff member works 50 weeks each year. Last year. total 3L cost {including benets) for all administrative staff amounted to $1.6 million. The administrators expected 30% of their staff's available time to be dedicated to the key tasks oftheirjob. The time estimates for the key tasks are as follows. Minutes Urgent care check-in 10 General practice checkin 5 Laboratory procecl u re processing 5 'LU! X Your answer is incorrect. Calculate the administrative cost assigned to each of the key standard transactions listed above. [Round answer m2 decimaipiaces. 8.3. 15.25.) Assigned Administrative Cost Urgent care checkin $ 163699.20 General practice check-in $ 8185160 Laboratory procedure processing $ 8191160