With this project the students have ample opportunity to be creative in their solution approaches. It is impossible to provide a single solution to apply to every student’s work. The information below provides the basic concepts for the questions instructed to be included in the paper. These answers are merely a starting point; the student’s work should be graded on thought processes, critical thinking skills, assumptions used, creativity, and the ability to express ideas coherently from the resulting numerical answers on the spreadsheet. 4. Your paper should include: a. Explain why allocation methods are used. Inherently, in all businesses there is overhead costs or non-direct costs. If management wants to know the true cost …show more content…
Then the department is closed, and the process steps down to the support department that provides the next highest amount of services to other support departments. Because support departments are closed out in each step, there is no opportunity to allocate support costs back to the departments that have already closed. Thus, this method is not as complex as the remaining two to implement in practice, but it is superior conceptually to the direct method. The double apportionment method first allocates each support department to all other departments, so each support department receives an allocation from all other support departments. After the initial allocation (the first apportionment), the step-down method is used to allocate the costs that remain in the support departments after the first apportionment, which for all support departments consists of direct costs and allocations from other support departments. This method better recognizes intra-support department relationships than do the first two, but it adds complexity c. Which allocation method is best? Conceptually, double apportionment method is the best of the three methods used, followed by the step-down method and, finally, the direct method. Although the direct method is conceptually the weakest, it is the easiest and least costly to implement. As in most situations, greater accuracy comes at a cost—the greater the accuracy of the allocation method, the greater the implementation
Q2-Evaluate Vegemite’s brand image based on the social media research undertaken by Talbot and his team .In light of these historic factors, Why did Talbot want to revitalize the brand?
emerge as a professional entity until the beginning of the 20th century, with the progress in biomedical science. Since then, the
Each state has their own policies for Medicaid eligibility, services and payments. Medicaid plans have three eligibility groups such as categorically needy, medically needy and special groups. Children's Health Insurance Program (CHIP) is a program that offers health insurance coverage for uninsured children under Medicaid. If Medicaid does not cover a service, the patient may be billed if the following conditions have been met such as the physician informed the patient before the service was performed that the procedure was not covered by Medicaid and if the patient has signed an Advance beneficiary Notice form. However, there are also conditions where the patient cannot be billed if necessary preauthorization was not obtained or service
A carer causing illness or injury to someone he or she cares for in order to gain attention
2. Think of an example of a time you have received feedback from others than has improved your knowledge, skills and understanding. This may have been from your assessor, tutor, a supervisor or line manager, or individuals using the service. Description of experience How did this experience improve your knowledge, skills and understanding?
The U.S. health care system is a scrutinized issue that affects everyone: young, old, rich, and poor. The health care system is comprised of three major components. Since 1973, most Americans have turned to managed-care programs, known as HMOs. The second type of health care offered to Americans is Medicare, health care for the elderly. The third type of health care is Medicaid, a health care program for the poor.
Grace Pettigrew, my mother who is 67 years old received a $1,101.00 pension check once a month with no other income or assistance from the governments’ states that she is unable to afford health care insurance and that she over qualify for government assistance. The Medicare plan is expensive and would leave Grace short on bills or food. Therefore, my mother rely she said on community based services at a hospital in Georgia name Grady Memorial Hospital Grace (2012). The reduce plan for the hospital card is based on her income and charges he $20.00 for office visits with no deductibles to meet and three dollars for her medication. Grace (2012) describe her experience with health care services and providers as being good and because this is all she can afford that there are no complaints except for she would like to go to doctors of her choice. Unfortunately, this is not an advantage because no other doctors are willing to take on patients who do not have insurance coverage. Grace (2012) states that she has never seen so many medical offices and that there are hospitals in every neighborhood. My mother is not sure how these facilities make their money where there are so many people without jobs or insurance. According to my mom Grace (2012), People would have to call and maybe wait days for a doctor to make it to your home if there were an emergency but not
Westmount Nursing Inc. is a for profit chain with seven different nursing homes. It has a grown from a small few bed facility to a facility with 4 different divisions that made to help make seniors more independent. The Westmount Nursing Homes were in search for a chief executive officer and president, which was filled by Shirley Carpenter. After Shirley Carpenter came on to the company, many changes were made and implemented. Some implementations were successfully, but she was also challenged with many problems with the Union Federation of Nurses and the Board of directors regarding wages and total quality management implementation. My recommendation would be for Shirley to stop the implementation of total quality management and focus on
1. Prepare a brief situational analysis of LMF for Dr. Townsend, identifying at least 3 internal issues and 3 external issue/competitive issues that are affecting LMF.
Apportionment can achieve both a fair and unfair representation giving the research I have done on this assignment. It also depends on the apportionment method in which is used that also plays a factor in your results.
It used conventional rounding instead of rounding down. Webster's method does not violate any of the apportionment paradoxes, yet it can rarely violate quota criterion. In 1941, Huntington- Hill method was adopted and is still being used today. The Huntington- Hill method is almost identical to Webster’s method (Hodge & Klima). Unlike Webster's method, Huntington-Hill method uses geometric mean as cutoff for rounding quotas. If the quota is greater than the geometric mean of the two nearest whole numbers, round the quota up, otherwise round it down. If the total number of seats allocated is too large or small, increase or decrease the divisor to apportion the exact number of seats. For a quota like 5.482, Huntington-Hill method would take the geometric mean (sqrt(5*6)=5.477) and round it up to 6 because the quota is greater than the geometric
How to allocate scarce resources across these programs and how to compare the relative impact of the organization’s services in such diverse areas.
The apportionment problem is a problem which has no ‘one’ correct answer. Instead of being given an answer to a problem, the reader will learn how to ask questions which can be answered, and make use of the answers. This process includes deciding upon objectives, building algorithms to obtain those objectives, determining whether the algorithms will work within reasonable time constraints, and determining when two algorithms achieve the same final output. Apportionment is an especially timely topic following the decennial census (1990, 2000, etc.) when the U. S. House of Representatives is
In this example the table shows where an employer was asked to hire more employees in order to cover 100 departments with 30 different areas. Each new employee would work in areas 1, 2, and 3. The area assigned to the employee would be determined by the employer him/herself. The table above givens an example of how it will go. Then the overall question would be how the assigned areas would be split up.