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The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 26 kilowatt-hours of electricity per patient-day, and that the
The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 26 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.14 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 2,100 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 31,000, 41,000 and 51,000 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 x patient days Bugeted fixed overhead cost per month
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