Elvin Hospital bases its budgets on patient-visits. The hospital's static planning budget for May appears below: Budgeted number of patient-visits Budgeted variable costs: Supplies
Elvin Hospital bases its budgets on patient-visits. The hospital's static planning budget for May appears below: Budgeted number of patient-visits Budgeted variable costs: Supplies ($8.41 per patient-visit) Laundry ($7.91 per patient-visit) Budgeted fixed costs: Wages and salaries Occupancy costs Total expense 8,500 $ 71,485 67,235 98,000 80.200 $316,920 Required: Prepare a flexible budget for 9,000 patient-visits per month. Elvin Hospital Flexible Budget Actual patient-visits 9,000 Supplies Laundry Wages and salaries Occupancy costs Total expense
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