The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 37 kilowatt-hours ofelectricity per patient-day, and that the electric rate will be 0.25 euro per kilowatt-hour. The hospital also pays a fixed monthly chargeof 3,200 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 42,000, 52,000 and 62,000 patient-days of activity.Complete this question by entering your answers in the tabs below.Required 1Required 2Formula flexible budget. (Round per unit to 2 decimal places.)Total budgetedmonthlyoverhead costBudgeted variable-overhead cost per xactivity unitTotal activityunitsBugeted fixed+ overhead costper monthpatient days< Prev2 of 3Next >MacBook Pro**233%&+5EY{FGHKValtMOSISOcommandoption The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 37 kilowatt-hours ofelectricity per patient-day, and that the electric rate will be 0.25 euro per kilowatt-hour. The hospital also pays a fixed monthly chargeof 3,200 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 42,000, 52,000 and 62,000 patient-days of activity.Complete this question by entering your answers in the tabs below.Required 1Required 2Columnar flexible budget for 42,000, 52,000 and 62,000 patient-days of activity.Patient Days42,00052,00062,000Variable electricity costFixed electricity costTotal electricity cost< Required 1Required 2< Prev2 of 3Next >MacBook Pro#33%244&567ERYFGKCV* CO

Total budgeted monthly overhead cost = Budgeted variable overhead cost per activity unit x Total…

The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 37 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.25 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 3,200 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 42,000, 52,000 and 62,000 patient-days of activity.

The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 37 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.25 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 3,200 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 42,000, 52,000 and 62,000 patient-days of activity.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter12: Activity-based Management

Section: Chapter Questions

Problem 25P: Novo, Inc., wants to develop an activity flexible budget for the activity of moving materials. Novo...

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The controller for Rainbow Children’s Hospital, located in Munich, Germany, estimates that the hospital uses 30 kilowatt-hours of electricity per patient-day, and that the electric rate will be .10 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 1,000 euros to the electric utility to rentemergency 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 30,000, 40,000 and 50,000 patient-days of activity. List variable and fixed electricity costs separately.
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