Essay: Chapter 8 of the text introduces several methods of allocating costs as well as strategies for pricing services. Answer the following questions by employing the concepts in this chapter. Summarize your views.
What cost allocation method would you favor? Why?
Of the pricing strategies provided in the module, which would be most appropriate for:
A clinic
A local hospital
Emergency health services.
Problem: Using the local clinic scenario given in Module 3, and referring to the operating budget on page 282 of the text, create a simple operating budget for the local clinic developed in the scenario in Module 2. Further, identify what you would change if you were to convert this budget to a flexible budget as described in Exhibit 8.4 on page 288 of the text. Present your simple operating budget as well as your flexible budget in a spreadsheet. Also, document your assumptions and rationale for the budget.
Assignment Expectations:
Length:
Spreadsheet
1000-1250 document; answers must thoroughly address the questions in a clear, concise manner
Structure:
Include a title page and reference page in APA style. Separate each section in your paper with a clear heading that allows your professor to know which bullet you are addressing in that section of your paper. Support your ideas with at least three (3) citations in your essay. Make sure to reference the citations using the APA writing style for the essay. The cover page and reference page do not count towards the minimum word amount.
References:
Include the appropriate APA style in-text citations and references for all resources utilized to answer the questions
Format:
save your assignment as a Microsoft Word (.doc or .docx), Open Office (.odt) or rich text format (.rtf) file type
File name:
