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.Smith, D. G. (2014). Introduction to healthcare financial management. San Diego, CA: Bridgepoint Education, Inc.

As the CFO of your corporation, you are in charge of preparing and analyzing financial statements that will be presented to potential investors and creditors. However, before you can present the financial statements to investors and creditors, you need to prepare the financial statements with supporting analysis. Select one (1) pair of the following companies to conduct your financial statement analysis.Pepsi versus Coca Cola, orAmazon versus eBayWrite an eight to ten (8-10) page paper in which you:Analyze each company’s history, product / services, major customers, major suppliers, and leadership, and provide a synopsis of each company.Identify three (3) profitability ratios that creditors may be interested in. Calculate the ratio for each company, and prepare a report to summarize your findings on the financial health of each company. Also, recommend to management the manner in which they can improve each of the three (3) ratios identified.Summarize at least two (2) news events (this may include mergers, acquisitions, or political issues) that occurred from 2012 to the present day, and analyze the impact that these events had on each company’s financial statements. Indicate the primary way in which the merger, acquisition or political issues influence potential investors’ and creditors’ perception of both companies.Analyze each company’s income statement over the past two (2) years, and determine which company outperformed the other. Suggest a way in which the lagging company can improve its income. Support your suggestion with a specific analysis.Analyze each company’s balance sheet. Prepare a vertical analysis for each company, interpret the results, and write a financial report. Also, suggest the manner in which the company that is not performing well can improve its balance sheet in order for it to be attractive to potential investors.Use at least four (4) quality academic resources in this assignment. Note: Wikipedia and other Websites do not qualify as academic resources. Your assignment must follow these formatting requirements:Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format. Check with your professor for any additional instructions.Include a cover page containing the title of the assignment, the student’s name, the professor’s name, the course title, and the date. The cover page and the reference page are not included in the required assignment page length.The specific course learning outcomes associated with this assignment are:Prepare and analyze financial statements including the balance sheet, income statement, and statement of cash flow according to GAAP and IFRS.Calculate financial ratios, interpret results, and draw conclusions.Use technology and information resources to research issues in financial accounting.Write clearly and concisely about financial accounting using proper writing mechanics.

ACC 206 Week Two Assignment Please complete the following exercises below in either Excel or a word document (but must be single document). You must show your work where appropriate (leaving the calculations within Excel cells is acceptable). Save the document, and submit it in the appropriate week using the Assignment Submission button. 1. Analysis of stockholders' equity Star Corporation issued both common and preferred stock during 20X6. The stockholders' equity sections of the company's balance sheets at the end of 20X6 and 20X5 follow:   20X6 20X5 Preferred stock, $100 par value, 10% $580,000 $500,000 Common stock, $10 par value 2,350,000 1,750,000 Paid-in capital in excess of par value Preferred 24,000 — Common 4,620,000 3,600,000 Retained earnings 8,470,000 6,920,000 Total stockholders' equity $16,044,000 $12,770,000 Compute the number of preferred shares that were issued during 20X6. Calculate the average issue price of the common stock sold in 20X6. By what amount did the company's paid-in capital increase during 20X6? Did Star's total legal capital increase or decrease during 20X6? By what amount? 2. Bond computations: Straight-line amortizationSouthlake Corporation issued $900,000 of 8% bonds on March 1, 20X1. The bonds pay interest on March 1 and September 1 and mature in 10 years. Assume the independent cases that follow. Case A—The bonds are issued at 100. Case B—The bonds are issued at 96. Case C—The bonds are issued at 105. Southlake uses the straight-line method of amortization. Instructions: Complete the following table: Case A Case B Case C Cash inflow on the issuance date _______ _______ _______ Total cash outflow through maturity _______ _______ _______ Total borrowing cost over the life of the bond issue _______ _______ _______ Interest expense for the year ended December 31, 20X1 _______ _______ _______ Amortization for the year ended December 31, 20X1 _______ _______ _______ Unamortized premium as of December 31, 20X1 _______ _______ _______ Unamortized discount as of December 31, 20X1 _______ _______ _______ Bond carrying value as of December 31, 20X1 _______ _______ _______ 3. Definitions of manufacturing concepts Interstate Manufacturing produces brass fasteners and incurred the following costs for the year just ended: Materials and supplies used Brass  $75,000 Repair parts  16,000 Machine lubricants   9,000 Wages and salaries Machine operators   128,000 Production supervisors   64,000 Maintenance personnel   41,000 Other factory overhead Variable   35,000 Fixed   46,000 Sales commissions  20,000 Compute: Total direct materials consumedTotal direct laborTotal prime costTotal conversion cost4. Schedule of cost of goods manufactured, income statement The following information was taken from the ledger of Jefferson Industries, Inc.: Direct labor $85,000 Administrative expenses $59,000 Selling expenses 34,000 Work in. process: Sales 300,000 Jan. 1 29,000 Finished goods Dec. 31 21,000 Jan. 1 115,000 Direct material purchases 88,000 Dec. 31 131,000 Depreciation: factory 18,000 Raw (direct) materials on hand Indirect materials used 10,000 Jan. 1 31,000 Indirect labor 24,000 Dec. 31 40,000 Factory taxes 8,000 Factory utilities 11,000 Prepare the following: A schedule of cost of goods manufactured for the year ended December 31. An income statement for the year ended December 31. 5. Manufacturing statements and cost behavior Tampa Foundry began operations during the current year, manufacturing various products for industrial use. One such product is light-gauge aluminum, which the company sells for $36 per roll. Cost information for the year just ended follows. Per Unit Variable Cost Fixed Cost Direct materials $4.50 $ — Direct labor 6.5 — Factory overhead 9 50,000 Selling — 70,000 Administrative — 135,000   Production and sales totaled 20,000 rolls and 17,000 rolls, respectively There is no work in process. Tampa carries its finished goods inventory at the average unit cost of production. Instructions: Determine the cost of the finished goods inventory of light-gauge aluminum. Prepare an income statement for the current year ended December 31 On the basis of the information presented: Does it appear that the company pays commissions to its sales staff? Explain. What is the likely effect on the $4.50 unit cost of direct materials if next year's production increases? Why?