The net operating income in the planning bufget for August would be closest to: $76,000 $75,000 $35,000 $36,000

Ch. 9 - Ascension Health Hospitals uses patient-days as its measure of activity; an patient admitted to the hospital for one day is counted as one patient-day. During August, the hospital budgeted for 15,000 patient-days, but its actual level of activity was 15,200 patient-days. The hospital has provided the following data concerning the formulas used in its budgeting and its actual results for August: Data used in budgeting: The net operating income in the planning budget for August would be closest to: \\[ \\begin{array}{l} \\$ 76,000 \\\\ \\$ 75,000 \\\\ \\$ 35,000 \\end{array} \\]