ubject : Accounting Classic Hospital bases its budgets on patient-visits. The hospital's static budget for September appears below: Budgeted number of patient-visits ............. 9,8000 Budgeted variable overhead costs: Supplies (@ $2.20 per patient-visit) ....... $21,780 Laundry (@ $1.10 per patient-visit) ....... 10,890 Total variable overhead cost ...................... 32,670 Budgeted fixed overhead costs: Salaries.................................................... 30,710 Occupancy costs ..................................... 12,000 Total fixed overhead cost........................... 42,710 Total budgeted overhead cost .................... $99,000 Actual results for the month were: Actual number of patient-visits.................. 11,000 Supplies...................................................... $28,040 Laundry ...................................................... $11,640 Salaries ....................................................... $32,480 Occupancy costs......................................... $11,360 Prepare a flexible budget performance report in good form.
Subject : Accounting
Classic Hospital bases its budgets on patient-visits. The hospital's static budget for
September appears below:
Budgeted number of patient-visits ............. 9,8000
Budgeted variable overhead costs:
Supplies (@ $2.20 per patient-visit) ....... $21,780
Laundry (@ $1.10 per patient-visit) ....... 10,890
Total variable overhead cost ...................... 32,670
Budgeted fixed overhead costs:
Salaries.................................................... 30,710
Occupancy costs ..................................... 12,000
Total fixed overhead cost........................... 42,710
Total budgeted overhead cost .................... $99,000
Actual results for the month were:
Actual number of patient-visits.................. 11,000
Supplies...................................................... $28,040
Laundry ...................................................... $11,640
Salaries ....................................................... $32,480
Occupancy costs......................................... $11,360
Prepare a flexible budget performance report in good form.
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