QUESTION FOUR a In other words, an average, 80% of the hospital's beds are occupied by patients. At this St. Mark's Hospital contains 450 beds. The average occupancy rate is 80% per month assuming a 30 day month. This Kshs.32 figure contains both variable and fixed cost level of occupancy the hospital's operating costs are Kshs.32 per occupied bed per day. clements. During June, the hospital's occupancy rate was only 60%. A total of Kshs.326,700 in operating cost was incurred during the month. (9 marks, (3 marks, Required: 1 Using the high-low method estimation 1) the variable cost per occupied bed on daily basis. the total fixed operating costs per month. operation (3 marks) 2. Assume an occupancy rate of 70% per month. What amount of total cost would you expect the hospital to incur? company's total and per unit costs over the relevant range of 30,000 to 50 000 un Alc Company manufactures and sells a single product of partially completed of produced and sold monthly is given below: Units 32,000 Produced 40,000 Land sold 50.000 Total costs: Variable costs Fixed costs Total costs: Kshs. 180.000 300,000 480.000 ? ? ? ? 2 Cost per unit: Variable cost Fixed cost Total cost per unit ??? ? ? ? 2 2 Required: Complete the schedule of the company's total and unit costs above. (10 marks)