Decision to increase enrollment

Reference no: EM13154255

Dean Previts is considering increasing the number admitted into an MBA program from 400 to 450. He anticipates that the increase will add eight sections in total. Staffing ratios have usually run about 1 staff person per 50 students.

Using the account classification, estimate the increase in the following costs because of the decision to increase enrollment:

Student related variable costs $2,500 per student/yr

Faculty realted variable costs $150,00/faculty member

Each professor teaches four sections per year.

Administartion costs $60,000/full time employee

Building maintenance $150,000/year

Reference no: EM13154255

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