Question - Bracamonte Hospital bases its budgets on patient-visits. The hospital's static planning budget for November appears below:
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Budgeted number of patient-visits
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8,800
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Budgeted variable costs:
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Supplies (@ $8.44 per patient-visit)
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$74,272
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Laundry (@ $7.94 per patient-visit)
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69,872
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Budgeted fixed costs:
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Wages and salaries
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98,300
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Occupancy costs
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80,230
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Total expense
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$322,674
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Required: Prepare the flexible budget for 9,300 patient-visits per month.