at Lake Tahoe last winter. Unfortunately, he broke his ankle while skiing and spent two days at the Sierra University Hospital. Menis surance company received a $4,600 bill for his two-day stay. (Click the icon to view the cost data.) Merrill believes the overhead charge is outrageous. He comments, "There was nothing I could do about it. When they come in and dab your stitches, it's not as if ya can say, Keep your cotton roll. I brought my own." Data Table Requirement 1. Compute the overhead rate Sierra University Hospital charged on Begin by determining the formula, then calculate the overhead rate. (Enter the per One item that caught Mernir's a was an $10.60 charge for a roll of cotton. Merrill is a salesman for Johnson&Johnson and knows that the cost to the hospital of the roll of cotton is between $2.45 to $3.25. He asked for a breakdown of the $10.60 charge. The the following information: a. Invoiced cost of cotton roll office of the hospital sent him s 265 b. Cost of processing paperwork for purchase 0.60 Supplies-room management fee d. Operating-room and patient-room handling costs e. Administrative hospital costs f. University g. Malpractice insurance costs h. Cost of treating uninsured patients 0.67 1.67 1. 1o c. 0.63 1. 18 r.53 Choose from any drop-down list and then click Check Answer t. Profit component s 10.60 Total 40 End F2 6