Capelli Hospital bases its budgets on patient-visits. The hospital's static budget for August appears below:Budgeted number of patient-visitsBudgeted variable costs:Supplies (@$5.00 per patient-visit)8,300$ 41,500Laundry (@$7.30 per patient-visit)60,590Total variable cost102,090Budgeted fixed costs:Wages and salaries60,590Occupancy costs73,040Total fixed cost133,630Total cost$235,720The total variable cost at the activity level of 9,300 patient-visits per month should be:Multiple Choice$133,630$114,390$149,730$102,090

Total variable cost = (Supplies cost per patient visit x no. of patient visit ) + (Laundry cost per…

Capelli Hospital bases its budgets on patient-visits. The hospital's static budget for August appears below: Budgeted number of patient-visits Budgeted variable costs: Supplies (@$5.00 per patient-visit) Laundry (@$7.30 per patient-visit) 8,300 $ 41,500 60,590 Total variable cost 102,090 Budgeted fixed costs: Wages and salaries 60,590 Occupancy costs 73,040 Total fixed cost 133,630 Total cost $235,720 The total variable cost at the activity level of 9,300 patient-visits per month should be: Multiple Choice $133,630 $114,390 $149,730 $102,090

Capelli Hospital bases its budgets on patient-visits. The hospital's static budget for August appears below: Budgeted number of patient-visits Budgeted variable costs: Supplies (@$5.00 per patient-visit) Laundry (@$7.30 per patient-visit) 8,300 $ 41,500 60,590 Total variable cost 102,090 Budgeted fixed costs: Wages and salaries 60,590 Occupancy costs 73,040 Total fixed cost 133,630 Total cost $235,720 The total variable cost at the activity level of 9,300 patient-visits per month should be: Multiple Choice $133,630 $114,390 $149,730 $102,090

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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