Discuss the below:
Cost Allocation Methods
Using your text and at least one additional scholarly source, explain common cost allocation methods including the direct allocation method and the step-down method. In your paper, explain the common cost allocation methods for patient-level costs, including relative value units, ratio of cost to charges, and activity-based costing. Your paper should be two to three double-spaced pages in length and formatted according to APA style as outlined in the Ashford Writing Center.