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The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 31 kilowatt-hours of electricity per patient-day, and that the electric
The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 31 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.19 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 2,600 euros to the electric utility to rent emergency backup electric generators. Required: Construct a flexible budget for the hospital's electricity costs using each of the following techniques. 1. Formula flexible budget. 2. Columnar flexible budget for 36,000, 46,000 and 56,000 patient-days of activity. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Formula flexible budget. (Round per unit 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 + Required 1 Required 2 Columnar flexible budget for 36,000, 46,000 and 56,000 patient-days of activity. Patient Days 36,000 46,000 56,000 Variable electricity cost Fixed electricity cost Total electricity cost
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