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College Hospital bases its budgets on patient-visits. The hospital's static or planning budget for August...

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Accounting

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

Budgeted number of patient-visits 8,000
Budgeted variable costs:
Supplies (@$8.10 per patient-visit) $ 64,800
Laundry (@$7.80 per patient-visit) 62,400
Total variable cost 127,200
Budgeted fixed costs:
Wages and salaries 99,600
Occupancy costs 107,600
Total fixed cost 207,200
Total cost $ 334,400

The total variable cost at the activity level of 8,100 patient-visits per month should be:

Multiple Choice

$209,530

$128,790

$127,200

$207,200

Answer & Explanation Solved by verified expert
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