The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses...
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Accounting
The controller for Rainbow Children's Hospital, located in Munich, Germany, estimates that the hospital uses 44 kilowatt-hours of electricity per patient-day, and that the electric rate will be 0.32 euro per kilowatt-hour. The hospital also pays a fixed monthly charge of 3,900 euros to the electric utility to rent emergency backup electric generators. Required: Construct a flexible budget for the hospital's electricity costs using each of the following techniques. 1. Formula flexible budget. 2. Columnar flexible budget for 49,000,59,000 and 69,000 patient-days of activity. Complete this question by entering your answers in the tabs below. Columnar flexible budget for 49,000,59,000 and 69,000 patient-days of activity
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