Provincial University Is Organized into Four Colleges with the Following

question 153

Essay

Provincial University is organized into four colleges with the following characteristics:
Business Engineering Science Humanities
Number of majors 5,000 4,500 4,800 1,200
Number of non-majors taking classes 1,000 500 2,400 3,600
Revenue from student fees $600,000 $500,000 $720,000 $480,000
Revenue from external grants $200,000 $1,500,000 $800,000 $120,000
Variable cost per student $35.00 $65.00 $80.00 $25.00
Fixed cost per student (based on total students)$35.00 $55.00 $25.00 $10.00
a)List three items that would likely be included in the category of variable costs per student from the perspective of each college.
b)List two items that would likely be included as fixed costs per student from the perspective of each college.
c)Calculate the contribution margin per student from the perspective of each college and then from the perspective of the university as a whole.
d)Calculate the total profit from the perspective of each college and then for the university as a whole.
e)Based on financial considerations alone, identify the college that would most likely be dropped from the university during a budget crisis. Then identify the candidate that would least likely be dropped.
f)List three uncertainties about the quantitative analyses you performed in part (e).
g)List three qualitative issues that should be considered in making a decision to drop one of the colleges.

Grasp how to adequately present and document information within a report.

Appreciate the necessity of aligning recommendations with report conclusions and evidence.

Understand the influence of familiarity and exposure on interpersonal attraction.

Recognize the effects of persuasion techniques and forewarning on attitude change.

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Definitions:

Employment Relationship

The legal and practical connection between an employer and employee, characterized by the exchange of labor for compensation.

Statutory Significance

The importance or impact of a statute in the legislative framework, often determining how laws are applied or interpreted.

Independent Contractor

A person or entity engaged in work for another under terms specifying that they are not an employee and are responsible for their own taxation and benefits.

Agent

A person authorized to represent or act on behalf of a principal in dealings with third parties.