b’Based on this weekxc2x92s readings, discuss ONE of the following questions for your initial response to this weekxc2x92s discussion (try not to replicate otherxc2x92s responses):xc2xa0Explain why cost management a’

b’nBased on this weekxe2x80x99s readings, discuss ONE of the following questions for your initial response to this weekxe2x80x99s discussion (try not to replicate otherxe2x80x99s responses):Explain why cost management and cost allocation is important information for a healthcare manager?xc2xa0xc2xa0What are indirect or overhead costs? Discuss one method in which overhead costs can be allocated?.What is the degree of operating leverage? What does it mean if one firm has a measure of 40% and the other has a measure of 50%, which is better?Define fixed cost and provide an example of a fixed cost in a healthcare setting.Define variable cost and provide an example of a variable cost in a healthcare setting. ‘