Construct an activity-based budget based on the cost per output calculated in part 2 with a 3% inflation factor, the forecasted output below, and assuming non-productive time can be reduced to $300,000.

Forecasted (cost/output*1.03)

Surgery Quantity Budget Standard Budget

Lasik 865 ________ ________

Photorefractive keratectomy 500 ________ ________

Lens implants 530 ________ ________

Cataract surgery 270 ________ ________

Vitrectomy 245 ________ ________

Non-productive time $300,000

Total ________