Explain common cost allocation methods


Task:

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.

Response should be 2 to 3 double-spaced pages in length and formatted according to APA style as outlined in the Ashford Writing Center.

And at least one additional scholarly source.

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Operation Management: Explain common cost allocation methods
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