Elvin Hospital bases its budgets on patient-visits. The hospital's static planning budget for May appears below:Budgeted number of patient-visits 5,100Budgeted variable costs: Supplies (@ $2.70 per patient-visit)$13,770 Laundry (@ $3.00 per patient-visit) 15,300Budgeted fixed costs: Wages and salaries 16,830 Occupancy costs 16,890Total expense$ 62,790Required:Prepare a flexible budget for 5,300 patient-visits per month.
What will be an ideal response?
| Elvin Hospital | ||
| Flexible Budget | ||
| Actual patient-visits (q) | 5,300 | |
| Supplies ($2.70q) | $ | 14,310 |
| Laundry ($3.00q) | 15,900 | |
| Wages and salaries ($16,830) | 16,830 | |
| Occupancy costs ($16,890) | 16,890 | |
| Total expense | $ | 63,930 |
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