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A hospital uses time-driven activity-based costing. The nursing department has the following overhead costs. $62,161 nurse salaries $15,919 supervisor salaries $9,530 patient management software $5,976
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A hospital uses time-driven activity-based costing. The nursing department has the following overhead costs.
- $62,161 nurse salaries
- $15,919 supervisor salaries
- $9,530 patient management software
- $5,976 peripheral supplies
The department has 3,624 nursing hours per period. What is the department's capacity cost rate (round rate to the nearest cent)?
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