The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 39 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.27 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 3,400 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 44,000, 54,000 and 64,000 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 X Total activity units Bugeted fixed + overhead cost per month + 1 x patient days Required 1 Required 2 Columnar flexible budget for 44,000, 54,000 and 64,000 patient-days of activity. Patient Days 44,000 54,000 64,000 Variable electricity cost Fixed electricity cost Total electricity cost