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The hospital accountant is preparing a flexible budget based on the information below. The Urgent Care satellite unit saw 3,600 patients in February but had
The hospital accountant is preparing a flexible budget based on the information below. The Urgent Care satellite unit saw 3,600 patients in February but had budgeted for 3,700 patients. Review the following data and prepare the flexible budget for the Urgent Care unit. You can use the table function to prepare the budget for the month. Show all your calculations. Fixed element Variable element per month per patient Revenue 0 $ 22.80 Wages and salaries $ 24,200 $ 6.80 Supplies $ 1,200 $ 3.30 Rent and utilities $ 5,000 $ 0.80 Administrative expense $ 3,100 $ 0.30
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