Output/Input Budget Vinyard Clinic has the following resource input information available for a routine physical examination. Each exam normally requires 1.25 hours of examining room time, including: 45 minutes of nursing services, 30 minutes of physician services Each exam also utilizes one package of examination supplies costing $29 each. Including benefits, physicians earn $74/hour and nurses earn $31/hour. Variable overhead is budgeted at $34 per examining room hour and fixed overhead is budgeted at $5,500 per month. Required Prepare an output/input budget for October when 500 routine examinations are planned. Discuss some of the likely benefits to Vinyard Clinic of dedicating time to go through the budgeting process. 15,500 x VINYARD CLINIC Output/Input Budget For the Month of October Examining supplies $ Labor: Nursing services $ 12,375 x Physician services 19,000 x Variable overhead Fixed overhead Total budget $ 31,375 x 22,500 X 6,500 x 75,875 X Check 1