Paragon University Operates an Extensive and an Expensive Registration, Testing

question 159

Essay

Paragon University operates an extensive and an expensive registration, testing, and counselling centre, through which all students are required to pass through when they enter the university.The registration effort's costs (for the most part)are almost impossible to allocate based upon which students require time, effort, etc.The cost of this centre is approximately 15% of the total costs of Paragon.This department engages in no other activities than the registration of students.Paragon is interested in determining the profitability of the three technical departments it operates.Paragon has the perception that some departments are more profitable than others, and it would like to determine an appropriate method of allocating the costs of this registration centre.Required:
Recommend to Paragon University a method (or methods)of allocating the costs of registration to
the three departments.

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Definitions:

Problem-Solving

The process of identifying issues, analyzing possible solutions, and selecting and implementing the best option to address a challenge or difficulty.

Team Cohesiveness

Describes the extent to which team members are attracted to each other and motivated to stay in the team, which generally results in higher productivity and morale.

Task Orientation

A focus on completing tasks and achieving specific outcomes, often prioritizing work and productivity.

Trait Approach

A perspective in psychology focused on the identification and measurement of specific personality traits.