Quiz_ Case Study 5.pdf update.
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Feb 20, 2024
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Case Study 5
Started: Oct 20 at 12:17pm
Quiz Instructions
Proceed to answer the case study questions by starting this assignment. You are allowed multiple
attempts, latest response will be kept so that you can work on the case until the due date.
2 pts
Question 1
p
102 words
Briefly describe the differences in the direct method and step down allocation
methods discussed in the case. What are the pros and cos of each?
Pros
The direct method makes it the easiest to apply but the weakest conceptual
The step-down is to provide the next highest number of services to another support department. Cons
The direct method does not support department services that are not recognized even though such services exist.
The step-down does not have an opportunity to allocate support costs back to the departments that have already closed. </>
1 pts
Question 2
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1,241,993
What is the Medicine department's profit (in $) using the direct allocation
method,
with the base case cost amounts (exhibit 7.1) and allocation rates (exhibit 7.2).
1 pts
Question 3
1,070,261
What is the Obstetrics department's profit (in $) using the direct allocation
method,
with the base case cost amounts (exhibit 7.1) and allocation rates (exhibit 7.2).
1 pts
Question 4
512,255
What is the Pediatric department's profit (in $) using the direct allocation
method,
with the base case cost amounts (exhibit 7.1) and allocation rates (exhibit 7.2).
1 pts
Question 5
What is the Medicine department's profit (in $) using the step down allocation
method, with the base case cost amounts (exhibit 7.1) and allocation rates (exhibit
7.2).
No new data to save. Last checked at 12:21pm
1,230,409
1 pts
Question 6
996,784
What is the Obstetrics department's profit (in $) using the step down allocation
method, with the base case cost amounts (exhibit 7.1) and allocation rates (exhibit
7.2).
1 pts
Question 7
427,193
What is the Pediatric department's profit (in $) using the step down allocation
method, with the base case cost amounts (exhibit 7.1) and allocation rates (exhibit
7.2).
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Question 3
Listen
What are the values of r and r2 for the below table of data?
Hint: Make sure your diagnostics are turned on. Enter the data into L1 and L2.
Click STAT, CALC, and choose option 8: LinReg(a+bx).
A
r=-0.862
r²=0.743
B
r=0.673
2=0.820
C r=0.743
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Question Completion Status:
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Analyzing the transactions using the accounting equation is the second step in processing transactions.
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Question 3
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What are the values of r and r² for the below table of data?
Hint: Make sure your diagnostics are turned on. Enter the data into L1 and L2.
Click STAT, CALC, and choose option 8: Lin Reg(a+bx).
A
r = -0.862
r2=0.743
B
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