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Exercise 1 1 - 2 8 Construct a Flexible Overhead Budget; Hospital ( LO 1 1 - 1 , 1 1 - 2 ) The

Exercise 11-28
Construct a Flexible Overhead Budget; Hospital
(LO11-1,11-2)
The controller for Rainbow Children's Hospital, located in Munich, Germany,
estimates that the hospital uses 30 kilowatt-hours of electricity per patient-day, and
that the electric rate will be .10 euro per kilowatt-hour. The hospital also pays a fixed
monthly charge of 1,000 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 30,000,40,000, and 50,000 patient-days of activity.
List variable and fixed electricity costs separately.
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