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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

  1. 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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