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A hospital uses time-driven activity-based costing. The nursing department has the following overhead costs. $58,510 nurse salaries $15,030 supervisor salaries $9,897 patient management software $5,590
A hospital uses time-driven activity-based costing. The nursing department has the following overhead costs.
- $58,510 nurse salaries
- $15,030 supervisor salaries
- $9,897 patient management software
- $5,590 peripheral supplies
The department has 2,531 nursing hours per period. What is the department's capacity cost rate (round rate to the nearest cent)?
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