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Exercise 1 1 - 2 8 Construct a Flexible Overhead Budget; Hospital ( LO 1 1 - 1 , 1 1 - 2 ) The
Exercise
Construct a Flexible Overhead Budget; Hospital
LO
The controller for Rainbow Children's Hospital, located in Munich, Germany,
estimates that the hospital uses kilowatthours of electricity per patientday, and
that the electric rate will be euro per kilowatthour. The hospital also pays a fixed
monthly charge of euros to the electric utility to rent emergency backup electric
generators.
Required:
Construct a flexible budget for the hospital's electricity costs using each of the
following techniques.
Formula flexible budget.
Columnar flexible budget for and patientdays of activity.
List variable and fixed electricity costs separately.
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