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Required : Answers for ENTRIES with workings. The chief accountant for a Community Hospital estimates that the hospital uses 30 kilowatt hours of electricity per
Required : Answers for ENTRIES with workings.
The chief accountant for a Community Hospital estimates that the hospital uses 30 kilowatt hours of electricity per patient-day, and that the cost of electricity will be S0.10 per kilowatt hour. The hospital also pays a fixed monthly charge of S1000 for the electricity supplier to rent emergency back-up electricity generators Required: Construct a flexible budget for the hospital's electricity costs for 30 000, 40 000 and 50 000 patient-days Data Patient Kilowatt hours of Cost of elec Fixed monthly charge for tient-day 30 0.10 $1.000 40,000 ENTRY 4 50,000 ENTRY7 ENTRY S ENTRY9 30,000 kilowatt hour) Variable electricity cost ENTRY 1 Fixed electricity cost Total electricity cost ENTRY 2ENTRY ENTRY 3ENTRY 6 generatorsStep by Step Solution
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