The total overhead cost at an activity level of 7,700 patient-visits per month should be:Multiple Cholce$269,610$259,250$255,460$245,100 Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below:Budgeted number of patient-visits7,000Budgeted variable overhead costs:Supplies (es5.90 per patient-visit)$ 41,300Laundry (@s8.90 per patient-visit)62,300Total variable overhead cost103,600Budgeted fixed overhead costs:Wages and salaries54,650Осcuрancy costs86,850Total fixed overhead cost141,500Total budgeted overhead cost$245,100The total overhead cost at an activity level of 7,700 patient-visits per month should be:

The budgets are prepared to estimate the requirements for the future period. Budgeted Variable cost per unit = $5.9 + 8.9 = $14.8 Budgeted fixed cost = $141,500 Number of patients = 7,700 Total overhead cost for 7,700 patients visit = 7700 * 14.8 + 141,500 = $255,460 Hence, option c. $255,460 is the correct value.

Answered: The total overhead cost at an activity…

Business

Accounting

The total overhead cost at an activity level of 7,700 patient-visits per month should be: Multiple Cholce $269,610 $259,250 $255,460 $245,100

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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