The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 28 kilowatt-hours of electricity per patient-day, and that the electric rate will be .16 per kilowatt-hour. The hospital also pays a fixed monthly charge of 2,300 to the electric utility to rent emergency backup electric generators.* *The European monetary unit , the euro, is used by most European countries. Required: Construct a flexible budget for the hospital's electricity costs using each of the following techniques. 1. Formula flexible budget. (Round per unit rate to 2 decimal places.) Total budgeted monthly overhead cost Budgeted variable overhead cost per activity unit Total activity units Bugeted fixed overhead cost per month x patient days 2. Columnar flexible budget for 33,000, 43,000, and 53,000 patient-days of activity. Patient Days 33,000 43,000 53,000 Variable electricity cost Fixed electricity cost Total electricity cost