Dave Monette vacationed at Lake Tahoe last winter. Unfortunately, he broke his ankle while skiing and spent two days at

the Sierra University Hospital. Monette's insurance company received a $$4,750$ bill for his two$-$day stay.

$($Click the icon to view the cost data.$)$

Monette 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 you can say, 'Keep your cotton roll. I brought my own."$\text{'}$

Read the requirements.

Requirement $1.$ Compute the overhead rate Sierra University Hospital charged on the cotton roll.

Begin by determining the formula, then calculate the overhead rate. $($Enter the percentage as a whole number.$)$One item that caught Monette's attention was an $$10\mathrm{.}71$ charge for a roll of cotton.

Monette is a salesman for Johnson & Johnson and knows that the cost to the

hospital of the roll of cotton is between $$2\mathrm{.}05$ to $$2\mathrm{.}85.$ He asked for a breakdown

of the $$10\mathrm{.}71$ charge. The accounting office of the hospital sent him the

following information:

a$.$ Invoiced cost of cotton roll

b$.$ Cost of processing paperwork for purchase

c$.$ Supplies$-$room management fee

d$.$ Operating$-$room and patient$-$room handling costs

e$.$ Administrative hospital costs

f$.$ University teaching$-$related costs

g$.$ Malpractice insurance costs

h$.$ Cost of treating uninsured patients

i$.$ Profit component