Exercise 7-40 Suppose that a surgical ward has gathered the following information for and two types of patients: Activity-Based Product Costing ation for four nursing VE12 Patient Category Normal Intensive Activity Rate 8,000 80,000 Driver 6,400 4,80017,600 32,000 6,000 $4.00 5.00 2.00 3.00 Treatments Treating patients Providing hygienic care Responding to requests Monitoring patients Hygienic hours Requests Monitoring hours 72,000 Required: 1. Determine the total nursing costs assigned to each patient category 2. Output is measured in patient days. Assuming that the normal patient category uses 800 patient days and the intensive patient category uses 6,400 patient days, calculate the nursin cost per patient day for each type of patient. (Round to two decimal places.) 3. CONCEPTUAL CONNECTION The supervisor of the surgical ward has suggested thl tient. Cake patient days is the only driver needed to assign nursing costs to each type of patien late the charge per patient day (rounded to the nearest cent) using this approac explain to the supervisor why this would be a bad decision