The Average Number of Student Credit Hours Taught Per Faculty

question 144

Multiple Choice

The average number of student credit hours taught per faculty member is an example of a(n) :

• A)expected performance measure
• B)budgeted productivity measure
• C)standard productivity measure
• D)partial productivity measure

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Definitions:

Fixed Expenses

Costs that do not change with the level of production or sales over a certain period, such as rent, salaries, and insurance.

Selling Price

The amount of money charged for a product or service offered to customers.

Absorption Costing

A method of accounting for costs in which all costs of manufacturing a product, including both fixed and variable costs, are considered product costs.