Sharifi Hospital bases its budgets on patient-visits. The hospital's static budget for October appears below: Budgeted number of patient-visits 8,500Budgeted variable overhead costs: Supplies (@$4.70 per patient-visit)$39,950Laundry (@$7.80 per patient-visit) 66,300Total variable overhead cost 106,250Budgeted fixed overhead costs: Wages and salaries 50,150Occupancy costs 84,150Total fixed overhead cost 134,300Total budgeted overhead cost$ 240,550The total overhead cost at an activity level of 9,200 patient-visits per month should be:
A. $240,550
B. $249,300
C. $260,360
D. $250,070
Answer: B
You might also like to view...
Which of the following statements is false regarding promissory notes?
a. They are sometimes used to extend past-due accounts. b. They can be resold to banks. c. They must be held by the maker until maturity. d. They are often received upon the sale of machinery and automobiles.
Which of the following statements is true of cafeteria-style benefits plans offered by organizations?
A. Cafeteria-style benefits are funded jointly by the employer and the government. B. They typically take the form of referrals for employees with a disabled parent or one who needs constant care. C. Some evidence suggests that these programs can lead to increased satisfaction and reduced turnover. D. They are benefits targeted at different stages in an employee's life.
South State, Inc used $153,000 of direct materials and incurred $63,000 of direct labor costs during the year
Indirect labor amounted to $270,000, while indirect materials used totaled $53,000. Other operating costs pertaining to the factory included utilities of $135,500; maintenance of $70,260; repairs of $53,400; depreciation of $133,000; and property taxes of $74,640. There was no beginning or ending finished goods inventory, but Work-in-Process inventory began the year with a $5,000 balance and ended the year with a $7,400 balance. How much is the cost of goods manufactured? A) $12,400 B) $1,003,400 C) $1,010,800 D) $1,005,800
A REIT's equity per share is similar to a fund's NAV
Indicate whether the statement is true or false