High-Low Method The controller of PATAY Hospital would like to come up with a cost formula that links admitting department cost to the number of patients admitted during a month. The admitting department’s costs and the number of patients admitted during the past nine months follow: Month Number of Patients Admitted Admitting Department’s Cost April 18 P 15‚ 600 May 19 P 15‚ 200 June 17 P 13‚ 700 July 15 P 14‚ 600 August 15 P 14‚ 300 September 11 P 13‚ 200 October 11 P 12‚ 800 November
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Reduced Costs from Outsourcing One of the main reasons companies will consider outsourcing is the overall reduced costs. Outsourcing provides a more efficient approach in controlling operating costs. Costs per additional employee include salary‚ overhead‚ equipment/software‚ training/education‚ other supplies‚ and possibly facility costs (Sood‚ 2005). Another cost savings quality is in overall Human Resources‚ as outsourcing eliminates costs for future development of employees‚ current trainings
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The Agency Cost Problem or Principal-Agent Problem‚ which is believed‚ arises from the separation of ownership and control‚ could be mitigated in many ways. In their paper Jensen and Meckling (1976) mention that if a company fully owned by its managers‚ they will work on maximizing its value. But if a fraction of this equity owned by managers is sold to outsiders‚ the risk borne by them now will have fewer fractions than before. This will be one of the main reasons for management to act on maximizing
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DATE : November 9‚ 2012 ATTENTION : MS. AURORA O. ALGODON President/CEO MAHARLIKA TRIBE MONARCH FOUNDATION‚ INC. Carmen‚ Davao City RE : Interim Memorandum of Agreement of Proposed Budget for Radio‚ Newspaper and TV FROM : MR. JOSEPH T. LAGUA Founding Chairman People’s Network and Media Communications ------------------------------------------------- (PNMC) I. COMPANY: Our entity‚ People’s Network and Media Communications (PNMC) is a media organization that
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I think that it is important that children learn about different cultures and that not all people have the same abilities‚ children can also learn about these topics through play using ethnic dolls‚ puzzles‚ books‚ art and crafts and cooking food from different cultures. This means having materials‚ toys‚ resources in your setting that reflect the diversity of our
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In Samantha Power’s “A Problem From Hell”‚ she describes the terrifying and devastating effects of genocide. She thoroughly explains occurrences of genocide throughout history in nations such as Cambodia‚ Iraq‚ Bosnia‚ Rwanda‚ Srebrenica‚ and Kosovo. The other subject of this book is related to the subtitle‚ “America and the Age of Genocide”. Power describes the invention of the word genocide due to Lemkin‚ and also the struggles of Lemkin‚ Proxmire‚ and other leaders to acquire U.S. involvement
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So this was truly a prediction rather than an attempt to explain the past. In the 1970s‚ however‚ persistent inflation provided a test of the Friedman-Phelps hypothesis. Sure enough‚ the historical correlation between inflation and unemployment broke down in just the way Friedman and Phelps had predicted: in the 1970s‚ as the inflation rate rose into double digits‚ the unemployment rate was as high or higher than in the stable-price years of the 1950s and 1960s. Inflation was eventually brought under
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Business system anaylsis Problems and Exercises Week 5 Homework Tom Sanders DeVry University Professor Girten September 30‚ 2014 Problems and Exercises Chapter 8 Question 3 - Imagine the worst possible reports from a system. What is wrong with them? List as many problems as you can. What are the consequences of such reports? What could go wrong as a result? How does the prototyping process help guard against each problem? The incorrect data entered‚ or the software error of the system can cause
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QLT 1: Task 5 A1. Ryan has started a new job in downtown Atlanta. He is looking at different options for parking his vehicle during the workweek. He has narrowed it down to two options‚ a parking garage offering a flat rate of $30 dollars a month and another garage slightly further away which charges 0.15¢ per hour. A2. Ryan just recently moved to Atlanta for this new job opportunity. Taking into consideration the financial impact the move has created such as purchasing a new place‚ new
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GOVERNMENT BUDGET UNDER THE FOURTH REPUBLIC: A STUDY OF THE NDC BETTER GHANA AGENDA PHASE I (2008- 2012) Introduction In almost all political systems‚ it is generally accepted that the executive has the primary role in developing an annual budget and presenting it to the legislature. The legislature has the right to review‚ debate‚ in some cases amend‚ and approve or reject the spending plan proposed by the executive. Within this broad framework‚ the actual workings of the budget process vary from nation
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