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Medic Hospital incurred the following costs during the year. Classify each as either a fixed or variable cost with respect to patients served. Property taxes
Medic Hospital incurred the following costs during the year. Classify each as either a fixed or variable cost with respect to patients served.
Property taxes paid for the year
Cost of medical supplies
Electricity for care of patients
Rent on hospital equipment
Nursing services wages (hired on an an as needed hourly basis)
Rent paid to state for hospital building
Salary of doctor in charge of the Emergency Room
Insurance on hospital equipment
Meals for patients
Cost of drugs to treat patients
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