Question

Capelli Hospital bases its budgets on patient-visits. The hospital's static budget for August appears below: Budgeted...

Capelli Hospital bases its budgets on patient-visits. The hospital's static budget for August appears below:

Budgeted number of patient-visits 8,500
Budgeted variable costs:
Supplies (@$9.60 per patient-visit) $ 81,600
Laundry (@$9.30 per patient-visit) 79,050
Total variable cost 160,650
Budgeted fixed costs:
Wages and salaries 99,800
Occupancy costs 107,800
Total fixed cost 207,600
Total cost $ 368,250

The total variable cost at the activity level of 8,600 patient-visits per month should be:

Business   Accounting   
0 0
Add a commentTranscribed image text
Next >

Homework Answers

Answer #1
Total variable cost at the activity level of 8,600 patient-visits per month
Number of patient-visits             8,600
Variable costs:
Supplies (@$9.60 per patient-visit)           82,560
Laundry (@$9.30 per patient-visit)           79,980
Total variable cost             1,62,540
0 0
Know the answer?
Your Answer:

Post as a guest

Your Name:

What's your source?

Earn Coins

Coins can be redeemed for fabulous gifts.

Log In

Sign Up

Not the answer you're looking for?
Ask your own homework help question
Similar Questions
Sharkfin Healthcare bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted...
Sharkfin Healthcare bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits 8,500 Budgeted variable overhead costs: Supplies (@$4.70 per patient-visit) $ 39,950 Laundry (@$7.80 per patient-visit) 66,300 Total variable overhead cost 106,250 Budgeted fixed overhead costs: Wages and salaries 50,150 Occupancy costs 84,150 Total fixed overhead cost 134,300 Total budgeted overhead cost $ 240,550 The total overhead cost at an activity level of 9,200 patient-visits per month should be: Group of answer...
Privett Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below:...
Privett Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below: Budgeted number of patient-visits 3,600 Supplies (@ $3.50 per patient-visit) $ 12,600 Laundry (@ $5.10 per patient-visit) 18,360 Salaries 18,960 Occupancy costs 21,360 Total $ 71,280 Actual results for the month were: Actual number of patient-visits 3,860 Supplies $ 12,300 Laundry $ 19,407 Salaries $ 19,635 Occupancy costs $ 22,545 The spending variance for laundry costs in the flexible budget performance report for the...
Willow Clinic bases its budgets on patient-visits. During October, the clinic plans for a level of...
Willow Clinic bases its budgets on patient-visits. During October, the clinic plans for a level of activity of 2,230 patient-visits. The clinic has provided the following data concerning the formulas it uses in its budgeting: Fixed element per month Variable element per patient-visit Revenue - $ 64.00 Personnel expenses $ 24,500 $ 24.00 Medical supplies $ 830 $ 7.20 Occupancy expenses $ 5,450 $ 3.00 Administrative expenses $ 4,230 $ 12.20 Required: Prepare the clinic's planning budget for October.
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $56.90 per patient-visit. Personnel expenses should be $35,800 per month plus $15.90 per patient-visit. Medical supplies should be $2,100 per month plus $11.30 per patient-visit. Occupancy expenses should be $8,500 per month plus $2.50 per patient-visit. Administrative expenses should be $4,000 per month plus $0.60 per patient-visit. The clinic reported the following actual results for November: Patient-visits 2,810 Revenue...
aizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the...
aizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $64.90 per patient-visit. Personnel expenses should be $36,600 per month plus $16.70 per patient-visit. Medical supplies should be $2,900 per month plus $12.10 per patient-visit. Occupancy expenses should be $9,300 per month plus $6.50 per patient-visit. Administrative expenses should be $4,800 per month plus $4.60 per patient-visit. The clinic reported the following actual results for November: Patient-visits 2,890 Revenue...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $71.90 per patient-visit. Personnel expenses should be $37,300 per month plus $17.40 per patient-visit. Medical supplies should be $3,600 per month plus $12.80 per patient-visit. Occupancy expenses should be $10,000 per month plus $10.00 per patient-visit. Administrative expenses should be $5,500 per month plus $8.10 per patient-visit. The clinic reported the following actual results for November: Patient-visits 2,960 Revenue...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $73.90 per patient-visit. Personnel expenses should be $37,500 per month plus $17.60 per patient-visit. Medical supplies should be $3,800 per month plus $13.00 per patient-visit. Occupancy expenses should be $10,200 per month plus $11.00 per patient-visit. Administrative expenses should be $5,700 per month plus $9.10 per patient-visit. The clinic reported the following actual results for November: Patient-visits 2,980 Revenue...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the...
Laizure Clinic uses patient-visits as its measure of activity. The clinic bases its budgets on the following information: Revenue should be $68.90 per patient-visit. Personnel expenses should be $37,000 per month plus $17.10 per patient-visit. Medical supplies should be $3,300 per month plus $12.50 per patient-visit. Occupancy expenses should be $9,700 per month plus $8.50 per patient-visit. Administrative expenses should be $5,200 per month plus $6.60 per patient-visit. The clinic reported the following actual results for November: Patient-visits 2,930 Revenue...
Chatham Clinic has accumulated the following information regarding its patient visits: Static Budget Actual Results Patient...
Chatham Clinic has accumulated the following information regarding its patient visits: Static Budget Actual Results Patient visits 1,500 1,400 Variable cost per visit $50 $55 Fixed costs $100,000 $100,000 I. What is the cost variance for Chatham Clinic?   $2,000 favorable   $2,000 unfavorable   $7,000 favorable   $7,000 unfavorable   $5,000 favorable II. What is the management variance for Chatham Clinic?   $2,000 favorable   $2,000 unfavorable   $7,000 favorable   $7,000 unfavorable   $5,000 favorable
Kirnon Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,500...
Kirnon Clinic uses client-visits as its measure of activity. During July, the clinic budgeted for 3,500 client-visits, but its actual level of activity was 3,410 client-visits. The clinic has provided the following data concerning the formulas to be used in its budgeting: Fixed element per month Variable element per client-visit Revenue - $ 39.60 Personnel expenses $ 35,600 $ 10.80 Medical supplies 1,600 7.60 Occupancy expenses 8,600 1.60 Administrative expenses 5,600 0.70 Total expenses $ 51,400 $ 20.70 The activity...
ADVERTISEMENT
Need Online Homework Help?

Get Answers For Free
Most questions answered within 1 hours.

Ask a Question
ADVERTISEMENT