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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 ( $8.45 per patient-visit) Laundry (@ $7.95 per patient-visit) Budgeted fixed costs: Wages and salaries Occupancy costs Total expense Required: Prepare a flexible budget for 9,400 patient-visits per month. 8,900 $ 75,205 70,755 98,400 80,240 $ 324,600
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