At the beginning of the new year Munford Regional's chief competitor is planning to open a...

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At the beginning of the new year Munford Regional's chief competitor is planning to open a brand-new Women's & Children's Hospital nearby. As a result, Mumford expects all its laboratory needs to decrease by 20% in February-August. Given the information in Table 16-3. Should Mumford continue to offer laboratory care? Why or why not? TABLE 16-3 Alternative Hours-Worked Budget for Laboratory Forecast Budget January February March April May June July August September October November December Total (0.5061 72,160y123,043.35 "January value = 1,400+ (0.25 x 6,270) 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 36,516 Flexible Budget 2,967 2,830 3,050 3,022 2,967 2,830 2,885 2,747 2,857 2.885 2,885 2,912 34,837 darving cost At the beginning of the new year Munford Regional's chief competitor is planning to open a brand-new Women's & Children's Hospital nearby. As a result, Mumford expects all its laboratory needs to decrease by 20% in February-August. Given the information in Table 16-3. Should Mumford continue to offer laboratory care? Why or why not? TABLE 16-3 Alternative Hours-Worked Budget for Laboratory Forecast Budget January February March April May June July August September October November December Total (0.5061 72,160y123,043.35 "January value = 1,400+ (0.25 x 6,270) 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 3,043 36,516 Flexible Budget 2,967 2,830 3,050 3,022 2,967 2,830 2,885 2,747 2,857 2.885 2,885 2,912 34,837 darving cost

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