Need help with requirement #3

Patient Days Demanded Nursing Hours Demanded Patient Type Normal 7,000 17,500 Cesarean 2,000 12,500 Complications 1,000 20,000 50,000 Total 10,000 Required: 1. Calculate the cost per patient day by using a functional-based approach. $ 277 per patient day 2. Calculate the cost per patient day by using an activity-based approach. (Round rates and unit cost to two decimal places.) Patient Daily Rate (per patient day) Normal $ 213.50 Cesarean $ 308.75 Complications $ 658.00 3. Conceptual Connection: The hospital processes 1,250,000 pounds of laundry per year. The cost for the laundering activity is $600,000 per year. In a functional-based cost system, the cost of the laundry department is assigned to each user department in proportion to the pounds of laundry produced. Typically, maternity produces 240,000 pounds per year. How much would this change the cost per patient day calculated in Requirement 1? Round your answer to the nearest cent. Increase $ per patient day Patient Days Demanded Nursing Hours Demanded Patient Type Normal 7,000 17,500 Cesarean 2,000 12,500 Complications 1,000 20,000 50,000 Total 10,000 Required: 1. Calculate the cost per patient day by using a functional-based approach. $ 277 per patient day 2. Calculate the cost per patient day by using an activity-based approach. (Round rates and unit cost to two decimal places.) Patient Daily Rate (per patient day) Normal $ 213.50 Cesarean $ 308.75 Complications $ 658.00 3. Conceptual Connection: The hospital processes 1,250,000 pounds of laundry per year. The cost for the laundering activity is $600,000 per year. In a functional-based cost system, the cost of the laundry department is assigned to each user department in proportion to the pounds of laundry produced. Typically, maternity produces 240,000 pounds per year. How much would this change the cost per patient day calculated in Requirement 1? Round your answer to the nearest cent. Increase $ per patient day