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Glencoe Medical Clinic operates a cardiology care unit and a moternity care unst. Cara Abadi, the clinic's administrator, is investigating the charges assigned to cardiology patients. Currently, all cardiology patients are charged the same rate per patient day for daily care services. Daily care services are broadly defined as occupancy, feeding, and nursing care A recent study, however, revealed several interesting outcomes. First, the demands patients place on daily care services vary with the severity of the case being treated. Second, the occupsncy activity is a combination of two activities: lodging and use of monitoring equipment. Since some patients require more monitoring than others, these activities shou be separated. Third, the daily rate should reflect the difference in demands resuling from differences in patient type. Separating the occupancy activity into two separate activities also required the determination of the cost of each activity, Determining the costs of the monitoring actwity was failly easy because its costs were directly traceable. Lodging costs however, ace shared by two activities: lodging cardiology patients and lodging maternity care patients. The total lodping costs for the two activities were $5,528,000 per year and conssted of such items as building deprecostion, building maintenance, and building utibes. The cardiology floor and the maternity floor each occupy 18,500 square feet. Abadi determined that lodging costs would be assigned to each unat based on square feet. To compute a daily rate that reflected the difference in demands, patients were placed in three categones according to illness soventy, and the following annuai data were collected The demands associated with patient seventy are also provided: 1. Suppose that the costs of dally care are assigned using only patient days as the activity drwer (which is also the measure of output), Compute the dariy rate ining this une based approsch of cost assugnment. If required, round your answer to the nearest cent. perdey 2. Compute activity rates using the given activity drivers (combine activities with the same dimer)i If required, round your answers to the nearest cent. Rate 1 Def patient day Rate 2=3 per menitoring hour Pate 3 per hour of nursing care 3. Compute the charge pet patient ay for each patient typo using the actrvity rates from Requirement 2 and the demands on each activity. Round your interim calculations and final answers to the nearest cent