Elvin Hospital bases its budgets on patient-visits. The hospital's static planning budget for May appears below: Budgeted number of patient-visits 9000?Budgeted variable costs: Supplies (@ $8.51 per patient-visit)$76,590?Laundry (@ $8.01 per patient-visit) 72,090?Budgeted fixed costs: Wages and salaries 99,000?Occupancy costs 80,300?Total expense$327,980??Required:Prepare a flexible budget for 9500 patient-visits per month.Elvin HospitalPlanning BudgetActual patient-visits9500?Supplies?Laundry?Wages and salaries?Occupancy costs?Total expense?
What will be an ideal response?
| Elvin Hospital |
| Planning Budget |
| Actual patient-visits | 9500? |
| Supplies | $80,845? |
| Laundry | 76,095? |
| Wages and salaries | 99,000? |
| Occupancy costs | 80,300? |
| Total expense | $336,240? |
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