Valley Nursing and Assisted Care has the following budget data for one month:
Patient days | 7,500 |
Variable Costs | |
Utilities | 4,200 |
Maintenance | 1700 |
Medical supplies | 8,900 |
Laundry | 2,100 |
Housekeeping | 3,300 |
Fixed Costs | |
Nurses salaries | 37,000 |
Administrative salaries | 24,000 |
Lease payment | 11,000 |
Depreciation | 7,500 |
- What is the cost per patient per day? Round to 3 decimal places here, but use the exact value for the next part.
$ - What are the total costs under a 8,500 patient days budget plan?
$