Please write a
paragraph with your opinion based on the text bellow. Please include citations
and references in case you need to used for the question.

The first step in any care plan, is to assess. First we must assess the patient, what are the possible causes for her not wanting to breastfeed. What is her perception of breastfeeding, how much information does she have about the benefits of breastfeeding? Once we know why we can then proceed to formulate a plan. First teach about the different benefits of breastfeeding: physical, emotional, healthwise and even financial. Although breastfeeding is a natural process it is far from easy both for mother and baby. that is where we as nurses and even specialized lactation consultants come in. We know the importance of breastfeeding and the benefits and now we must share that with the new mother. Armed with all this information the mother still decides not to breastfeed, then we must teach about formula feeding. How much, how often? What is normal as far as bowel movements and feeding? other ways to ensure that the infant bonds with the mother for example: placing the baby on the chest for skin to skin.

Activity-based costing (ABC)

Summary

This is a costing methodology that establishes operations in a company, and it gives the cost of each activity with resources to entire commodities and services concerning the specific consumption by each. The model tends to assign more indirect costs into the direct cost as opposed traditional costing. Therefore, the system aims at reducing the overhead costs and it performs highly in complex environments where they are a lot of equipment and goods hence tangled processes cannot be easily be sorted out. The following are the activity based costing flows:

• The identification of costs and it is a crucial step because it allocates the amount needed for the entire project thus it minimizes on time.
• It creates the secondary cost pool, and at the same, it provides alternative services to the company instead of directly supporting products and services for a company.
• It creates original cost pools especially for those costs which are aligned with the manufacture of commodities or rendering of services.
• The measurement of activity drivers by using data collection methodology that gathers details thus assigning the charge in secondary cost pools to primary tariff pools.
• Allocating charge costs to charge objects with the aid of activity drivers for each pool.
• Formulation of reports through conversion of an outcome obtained by ABC system into reports management consumption.
• Finally, the managers have to act on the information as outlined by an ABC report and as a result, they can reduce the level of activity drivers applied by each cost object.

At the completion of ABC allocation for overhead costs to the cost object that require to be charged with overhead expenses. As results, stewards will able to determine the activity drivers that are appropriate to be reduced thus decreasing the amount of overhead cost.

The activity based costing is used in projects due to its advantage and is said to be more precisely in determining the overhead that is used. Therefore, the ABC usually tracks the cost of operations to determine the value of a company which goes in hand with its standards. It raises customer profitability through simply product costs with an additional of overhead components. It retains distribution cost by making appropriate channels using overhead hence unprofitable ones can be eliminated. The ABC also gives a detailed view for each cost utilized in the manufacturing of commodities to know which product can easily be removed if the item is outsourced. Finally, it facilitates in production cost because it is usually easy to separate overhead costs to a significant level plant and comparison can be determined by the expenses of production. To accomplish these uses, your ABC system has to be designed in a way that it can determine cost benefit analysis for the decisions that are required to help, and if the cost obtained in the system is worthy beneficial of the resulting information.

The activity based costing is also faced with challenges because at times this project many fail or the time set for completion of the task may elapse. These may be facilitated by high use of cost pool volume because of the more the cost poor, the higher the cost of mitigating the system. Therefore, to cut off the costs run on continuing analysis of the cost to retain each cost pool in connection with the benefit of resulting information. The ABC systems are hard to install; thus it can take a lot of time for complete installation to be complete. Therefore, it is challenging to maintain the level of management and cost for support as time goes by without a proper installation. The ABC information is required to be obtained in different data set hence it was difficult to sustain additional database because it may still need more time which was not budgeted. The overall resolution is constructing an extremely targeted ABC technique which gives vital information at a reasonable cost. This will ensure the company has expanded hence bringing along with huge benefits. The installation of a substantial and comprehensive ABC approach should be avoided because they are expensive, it may fail, and you are likely to meet with highly resistance system.

Relationship between ABC with cost and managerial accounting

The advantage of ABC is most noticeable when the cost accounting details are challenging to discern because of several presences of product channels, equipment being use process a lot of goods, and many machines setup. Therefore, to gain such benefits the system has to operate in complex production environments but if the system fails to function in such circumstances, it ends up using a lot of resources for installation. The ABC directs the firm resources costs through operations to the goods and services rendered to customers. Managerial accounting uses ABC tool to understand products and customer cost and earnings based on the production or successful processes. It is also used to enhance strategic decisions such as pricing, measurements of process improvement projects, outsourcing, and identification.

Over the last year your boss has noticed that it would be useful for your firm to understand how consumers behave when variables in the market change and how these changes affect the total revenue for your product. You have been asked to do an analysis for your product, Good A, by addressing the following questions and reporting the results to your boss in a formal paper.

Questions:
1.Define the price elasticity of demand? What information does it provide? How is it calculated?

2.Define the income elasticity of demand? What information does it provide? How is it calculated?

3.Define the cross-price elasticity of demand? What information does it provide? How is it calculated?

4.What is total revenue? How is it calculated?

5.Define elastic, inelastic, and unitary elasticity means. How are these related to total revenue? Explain your answers.

6.With respect to the price elasticity of demand, construct a graph using the data in Figure1. Illustrate the ranges on the demand curve that indicate elastic, inelastic, and unitary elasticity. Explain your answers. Enter non-numerical responses in the same worksheet using textboxes.

7.Calculate the total revenue for each level of demand and post into the table, Figure 1. (Copy and paste this table into the Microsoft Word document that will form part of your submission.)

8.Using the midpoints formula presented in the textbook, calculate the price elasticity coefficient for each price level, starting with the coefficient for the $4 to $6 level. For each coefficient, indicate each type of elasticity: elastic demand, inelastic demand, or unitary demand. Post your answers into the table, Figure 1.

9.Assume that the income of consumers changes by 10%, and as a result the quantity demanded for Good A changes by 8%. What is the income elasticity of demand for Good A? What does this mean for your company?

10.Assume that the price of competing Good B decreases by 5% and as a result, the quantity demand for Good A decreases by 8%. What is the cross-price elasticity for your product? What type of goods are Good A and Good B?

Figure 1: The Demand Schedule for Barbeque Dinners

Price
Quantity Demanded
Total Revenue
Elasticity Coefficient
Elastic or Inelastic

$4
100
__________
XXXX
XXXX

6
80
__________
__________
__________

8
60
__________
__________
__________

10
40
__________
__________
__________

12
20
__________
__________
__________

14
1
__________
__________
__________

Required:

Prepare an analysis by answering the above-noted questions. Your analysis will consist of two documents as follows:
1.Microsoft Word document: Questions 1-5, 7-10.
2.Microsoft Excel worksheet: Question 6

BigCo has decided to acquire Upstart Corporation, a leading supplier of a new technology that believed to be crucial to the successful implementation of BigCo’s business strategy. Upstart is a relatively recent start-up firm, consisting of about 200 employees averaging about 24 years of age. HiTech has a reputation for developing highly practical solutions to complex technical problems and getting the resulting products to market very rapidly. HiTech employees are accustomed to a very informal work environment with highly flexible hours and compensation schemes. Decision-making tends to be fast and casual, without the rigorous review process often found in larger firms. This culture is quite different from BigCo’s more highly structured and disciplined environment. Moreover, BigCo’s decision making tends to be highly centralized.

While Upstart’s stock is publicly traded, its six co-founders and senior managers jointly own about 60 percent of the outstanding stock. In the four years since the firm went public, Upstart stock has appreciated from $5 per share, to its current price of $100 per share. Although they desire to sell the firm, the co-founders are interested in remaining with the firm in important management positions after the transaction has closed. They also expect to continue to have substantial input in both daily operating as well as strategic decisions.

Upstart competes in an industry that is only tangentially related to BigCo’s core business. Because BigCo’s senior management believes they are somewhat unfamiliar with the competitive dynamics of Upstart’s industry, BigCo has decided to create a new corporation, New Horizons Inc., which is jointly owed by BigCo and HiTech Corporation, a firm whose core technical competencies are more related to Upstart’s than those of BigCo. Both BigCo and HiTech are interested in preserving Upstart’s highly innovative culture. Therefore, they agreed during negotiations to operate Upstart as an independent operating unit of New Horizons. During negotiations, both parties agreed to divest one of Upstart’s product lines not considered critical to New Horizon’s long-term strategy immediately following closing.

New Horizons issued stock through an initial public offering. While the co-founders are interested in exchanging their stock for New Horizon’s shares, the remaining Upstart shareholders are leery about the long-term growth potential of New Horizons and demand cash in exchange for their shares. Consequently, New Horizons agreed to exchange its stock for the co-founders’ shares and to purchase the remaining shares for cash. Once the tender offer was completed, New Horizons owned 100 percent of Upstart’s outstanding shares.

Prepare a minimum 700-word response or 8- to 16-slide presentation, with speaker notes, in which you discuss the following requirements of this case:

1. Identify the acquisition vehicle used to acquire the target company, Upstart Corporation. Why was this legal structure used?
2. Explain how you would characterize the post-closing organization. Why was this organizational structure used?
3. Find the form of payment used. Why was it used?
4. Describe what the form of acquisition was. How does this protect the acquiring company’s rights to HiTech’s proprietary technology?
5. Clarify how the use of purchase accounting affect the balance sheets of the combined companies?
6. Identify the form of the transaction as non-taxable, partially taxable, or wholly taxable to HiTech shareholders? Why?

• After watching videos on abstracting, attempt to abstract all the information needed on the attached note by highlighting in word or printing the attachment.
• Once abstracted, compare your information highlighted with the completed abstracted note, posted separately. Did you pull all the same information? Do you feel that you had different information? Feel free to include thoughts about these differences in your discussion post regarding questions below.
• Once you’re comfortable with the information abstracted, make an attempt to code this using the root operation “excision ”.

Use your code book for this activity, then use the encoder 3M to see if you come up with the same answer. Make sure to read all 3M notes/guidelines indicated with the? next to your selection options for proper coding

Go to 3M.ahima.org
Log in is:

Username: CNM001

PW: AHIMA#35

Answer the following discussion questions

• In your own words, how do you identify the difference between skin and subcutaneous tissue for coding?
• Why do you think the provider uses the word skin, instead of following coding terminology of subcutaneous tissue, when talking about the cheek excisions?
• When attempting to abstract and code this OP note, did you come up with the same information highlighted, and/or correct codes? If different, how do you feel you can ensure correct information going forward? If the same, how do you feel regarding your comfort level doing this activity?

https://www.youtube.com/watch?v=Wocl0HVDT8E&feature=youtu.be

https://www.youtube.com/watch?v=-RFOJAK1yyA&feature=youtu.be