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Exercise 11-28 Construct a Flexible Overhead Budget; Hospital (LO 11-1, 11-2) The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital

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Exercise 11-28 Construct a Flexible Overhead Budget; Hospital (LO 11-1, 11-2) The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 37 kilowatt-hours of electricity per-patient-day, and that the electric rate will be 0.25 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 3,200 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. 1. Formula flexible budget. 2. Columnar flexible budget for 42,000,52,000 and 62,000 patient-days of activity. Complete this question by entering your answers in the tabs below. Formula flexible budget. (Round per unit to 2 decimal places.) Exercise 11-28 Construct a Flexible Overhead Budget; Hospital (LO 11-1, 11-2) The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 37 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.25 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 3,200 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. 1. Formula flexible budget. 2. Columnar flexible budget for 42,000,52,000 and 62,000 patient-days of activity. Complete this question by entering your answers in the tabs below. Columnar flexible budget for 42,000,52,000 and 62,000 patient-days of activity

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