Ch. 9 - Ascension Health Hospitals uses patient-days as its measure of activity; an patient admitted to the hospital for one day is counted as one patient-day. During August, the hospital budgeted for 15,000 patient-days, but its actual level of activity was 15,200 patient-days. The hospital has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting: Revenue Wages and salaries Food and supplies Facility expenses Administrative expenses Total expenses Fixed element per month $76,000 $75,000 $35,000 9,575 5,050 17,950 7,425 $40,000 $ Variable element per patient-day $ $ tA $ 29.50 11.50 8.45 3.05 1.50 24.50 The net operating income in the planning budget for August would be closest to: $76,000 $75,000 $35,000 $36,000

Ch. 9 - Ascension Health Hospitals uses patient-days as its measure of activity: an patient admitted to the hospital for one day is counted as one patient-day. During August, the hospital budgeted for 15,000 patient-days, but its actual level of activity was 15,200 patient-days. The hospital has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting: The net operating income in the planning budget for August would be closest to: \\( \\$ 76,000 \\) \\( \\$ 75,000 \\) \\( \\$ 35,000 \\)