Construct an activity-based budget based on the cost per output calculated in part 2 with a 3% inflation factor, the forecasted output below, and assuming non-productive time can be reduced to $300,000.
Forecasted (cost/output*1.03)
Surgery Quantity Budget Standard Budget
Lasik 865 ________ ________
Photorefractive keratectomy 500 ________ ________
Lens implants 530 ________ ________
Cataract surgery 270 ________ ________
Vitrectomy 245 ________ ________
Non-productive time $300,000
Total ________