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Novello Medical Center has a single operating room that is used by local physicians to perform surgical procedures. The cost of using the operating room

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Novello Medical Center has a single operating room that is used by local physicians to perform surgical procedures. The cost of using the operating room is accumulated by each patient procedure and includes the direct materials costs (drugs and medical devices), physician surgical time, and operating room overhead. On January 1 of the current year, the annual operating room overhead is estimated to be: The overhead costs will be assigned to procedures based on the number of surgical room hours. Novello Medical Center expects to use the operating room an average of eight hours per day, seven days per week. In addition, the operating room will be shut down two weeks per year for gesteral repairs. This information has been collected in the Microsoft Excel Online file, Open the spreadsheet, perform the required analysis, and input your answers in the questions below. Open spreadsheet a. Compute the estimated number of operating room hours for the year. hours. This information has been collected in the Microsoft Excel Online file. Open the spreadsheet, perform the required anatysis, and input your answes the questions below. Open spreadsheet a. Compute the estimated number of operating room hours for the year. hours b. Determine the predetermined operating room overhead rate for the vear. Round your answer to the nearest dollar. per hour c. Conrad Goldsmith had a flve-hour procedure on January 22. How much operating room overhead would be charged to his procedure, uwing the rate determined in part (b)? Round your answer to the nearest dollat d. During January, the operating room was used 250 hours. The actual overhead costs incurred foe January were $49,900, Determine the ovarappiled oporating ovhead or underappied opspithg overhead for the period. Enter your answer as a positive number. Round your answer to the nearest collar

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