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Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient -visits Budgeted variable overhe ad costs:

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Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient -visits Budgeted variable overhe ad costs: Supplies (es5.30 per patient-visit) Laundry (es8.30 per patient-visit) Total variable overhead cost 7,000 $37,100 58,100 95,200 Budgeted fixed overhead costs: Wages and salaries Occupancy costs Total fixed overhead cost 53,150 85,950 139,100 Total budgeted overhead cost $234,300 The total overhead cost at an activity level of 7,700 patient-visits per month should be: The following materials standards have been established for a particular product: 5.2 meters Standard quantity per unit of output Standard price $18.00 per meter The following data pertain to operations concerning the product for the last month: 8,100 meters Actual materials purchased Actual cost of materials purchased Actual materials used in production Actual output $151,065 7,700 meters 1,450 units What is the materials price variance for the month

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