Assume there is a shortage of full-time academic staff. List at least five actions that South Hampton might take to accommodate the growing student numbers.
Q: Tara wants to attend a four-year college to become a math teacher. Which statements explain the…
A: Costing is the term used to record, classify and assign the cost to acquire the goods or services by…
Q: The Faculty Senate is sponsoring the Blue and Gold Gala (a fund-raiser designed to raise money to be…
A: Degree of Operating Leverage: Degree of operating leverage is the measure which shows the change in…
Q: Tried and True Clothing has opened four new stores in college towns across the state. Data on…
A: Let's start with understanding of labor productivity Labor productivity, also known as workforce…
Q: it has six students. Only three students sign up for the class. The VP states the professor can…
A: Principles of Management and Cost Accounting The basic principles which are evolved in the…
Q: Title This exercise was contributed by Dr. Rick Wilson of Oklahoma State University to illustrate…
A: The objective of feeling investigation is to extricate human feelings from text. This undertaking…
Q: Assume that you are the chairman of the Department of Accountancy at Mountain State University. One…
A: The following case is assessed for Dr.Cruz by the Chairman of the Mountain State University.
Q: At freshman orientation, 1,500 students are asked to flip a coin 20 times. One student is crowned…
A: At freshman orientation, 1,500 students are asked to flip a coin 20 times. One student is crowned…
Q: BA Rural Bank is a rural bank serving the entire Zamboanga Peninsula and just like any business…
A: Based on the above data we need to analyze the decision made by the human resource department of CBA…
Q: As a result, each instructor is expected to have a class of six students and each session is two…
A: Selling price variance=Actual selling price- Standard price Direct labour rate variance=Actual…
Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: The above question has three sub-parts. Let's start with part(a). (a)The following information is…
Q: You are hosting an important event on campus, the RSVP's are in and there will be 100 guests (not…
A: Solution: Initial budget spreadsheet: (in $) per head (taking a total of 100 guests) Table…
Q: Reeve Lumber Company has a small information systems department consisting of five people. A backlog…
A:
Q: Assume there is a shortage of full-time academic staff. List at least five actions that the…
A: Shortage of full time academic staff may be occurred due to various reasons like less salaries,…
Q: A new school district is opening and recently hired a large group of new staff. The HR specialist is…
A: 4/5 Rule states that the selection rate of a group shall be 80% or more of the selection rate of…
Q: a retailer in the home improvement industry, currently operates seven retail outlets in Manama and…
A: A retailer in the home improvement industry, currently operates seven retail outlets in Manama and…
Q: Student organizations sometimes require transportation for off-campus activities, and school policy…
A: Use excel formula If function: If(Logical test, Value if true, value if false) Here, the logical…
Q: The University of Cincinrati Center for Business Analytics is an outreach center that collaborates…
A: To open goal seek, go to: Data >> What-If analysis >> Goal seek
Q: Case Analysis: CBA Rural Bank is a rural bank serving the entire Zamboanga Peninsula and just like…
A: Employee Turnover Rate Calculation of Employee turnover rate which compare the details of left…
Q: A medical supply company has customers in eight cities. It is trying to decide how many salespeople…
A: Annual Salary= $70,000 Max Days Worked = 230
Q: If the HR Department is told by the top management to reduce further its manpower to 25% of its…
A: Manpower is the power which means how many employees are working in the company at present. More the…
Q: Boyne University offers an extensive continuing education program in many cities throughout the…
A: Calculation Boyne University Spending Variance For the Month ended March 31 Planning…
Q: administrator is not technology savvy and therefore sought advice from three of the board members…
A: A decision matrix is a table of values in rows and columns that allows an analyst to locate and…
Q: Ashley Linkletter, age 21, expects to graduate next spring with a bachelor's degree in business…
A: Solution-(1) Clarify her values and lifestyle trade offs? (1) TRADEOFF refers to the reducing the…
Q: A local movie theater owner explains to you that ticket sales on weekends and evenings are strong,…
A:
Q: rganization it has been significantly affected by the pandemic. It has 13 branches all over ZP and a…
A: Here provide the details of importance of Human resources department and its involvement into the…
Q: A particular university was considering whether to offer a seminar for executives. The tuition would…
A: Contribution margin per students = tuition fees - Variable costs = USD 650 - 80 = USD 570 per…
Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: Profit earned is the difference between the revenue earned and the cost incurred by the members and…
Q: Consider the following hypothetical sales scenario. A large community college buys and takes…
A: Gross revenue refers to the amount which is received in cash by providing services or selling…
Q: The registration advisors at a small Midwestern university (SMU) help 4,200 students develop their…
A:
Q: The following data consist of the present school enrollment of the Dr. Vesse High School. A study on…
A: The margin of error refers to the degree of errors computed in the final results of evaluating a…
Q: Auckland University plans to offer three short courses for executive managers who want to be CIMA…
A: Fixed costs refers to the costs which does not vary with the change in the level of sales or…
Q: Ashley Linkletter, age 21, expects to graduate next spring with a bachelor's degree in business…
A: 1)Clarify her values and lifestyle trade offs ? 1)TRADEOFF refers to the reducing the cost of your…
Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: Net profit is the amount that is computed by subtracting total cost (fixed added variable cost) from…
Q: Don Masters and two of his colleagues are considering opening a law office in a largemetropolitan…
A: Break-Even Point: The break-even point refers to the point of sales at which the firm neither earns…
Q: Sweats and Sweaters is a small chain of stores specializing incasual cotton clothing. The company…
A: Operating expenses are the expenses which are incurred in the normal course of business operations.…
Q: he University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: Given info:
Q: Dropping or Retaining a Segment Jackson County Senior Services is a nonprofit organization devoted…
A: A relevant cost (also called avoidable cost or differential cost) is a cost that differs between…
Q: With the financial information given above, briefly answer the following What could be the major…
A: Based on the above data we need to analyze the decision made by the human resource department of CBA…
Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: Variable cost: - A variable cost is the cost which is changes according to the change in the volume…
Q: Record the following transactions. Identify each as a contribution, agency, or an exchange…
A: Journal Entry: Journal entry has two effects for every transaction. The journal entry is passed by…
Q: How does preferred stock differ from both common equity and debt? Is preferred stock more risky than…
A: A company can raise capital and funding through different types of instruments. The most popular…
Q: The University of Cincinnati Center for Business Analytics is an outreach center that collaborates…
A: Fees for the Symposium = $70 per person Rental cost for auditorium = $150 Registration processing…
Assume there is a shortage of full-time academic staff. List at least five actions that South Hampton might take to accommodate the growing student numbers.
Step by step
Solved in 2 steps
- Assume there is a shortage of full-time academic staff. List at least five actions that the university might take to accommodate the growing student numbers.Southeastern Oklahoma State University's business program has the facilities and faculty to handle an enrollment of 2,200new students per semester. However, in an effort to limit class sizes to a "reasonable" level (under 200, generally), Southeastern's dean, Holly Lutze, placed a ceiling on enrollment of 1,500new students. Although there was ample demand for business courses last semester, conflicting schedules allowed only 1,420 new students to take business courses. The utilization rate for Southeastern =______% (enter your response as a percentage rounded to one decimal place).The actual and planned data for Underwater University for the Fall term were as follows: Actual Planned Enrollment 4,500 4,125 Tuition per credit hour $120 $135 Credit hours 60,450 43,200 Registration, records, and marketing costs per enrolled student $275 $275 Instructional costs per credit hour $64 $60 Depreciation on classrooms and equipment $825,600 $825,600 Registration, records, and marketing costs vary by the number of enrolled students, while instructional costs vary by the number of credit hours. Depreciation is a fixed cost. Prepare a variable costing income statement showing the contribution margin and operating income for the Fall term. Underwater University Variable Costing Income Statement For the Fall Term Revenue $ Variable costs: Registration, records, and marketing costs $ Instructional costs Total variable costs $ Contribution margin $ Depreciation on classrooms and equipment Operating income…
- a. Prepare a revenue budget for the upcoming academic year.b. Determine the number of staff needed to cover classes.c. Assume there is a shortage of full-time academic staff. List at least five actions thatSouth Hampton might take to accommodate the growing student numbers.The Dean of the School of Business and Economics is forecasting the total student enrollment for the year based on the following historical data. Based on this data, what is this year's forecast using a three-period simple moving average? Historical enrollment dataThe University has a graduate school of business. The Vice-President of Finance of the University says he will not allow a class to run unless it has six students. Only three students sign up for the class. The VP states the professor can run the class at half pay. The school is not near its capacity. Evaluate this using the principles of management and cost accounting.
- Identify Activity Bases For a major university, select the activity base most appropriate for each cost listed below. An activity base may be used more than once or not used at all. Cost: Activity Base: 1. Financial aid office salaries 2. Office supplies 3. Instructor salaries 4. Housing personnel wages 5. Employee wages for maintaining student records 6. Admissions office salariesSara has just taken a job as the middle school assistant principal for an area school district. Prior to Chis, she was a teacher. She has received the following performance measurements for her first administrative job. Her first order of business is to determine if these performance measurements are short-term goals or long-term goals based on her individual situation. She has completed her administrative degree but has not yet worked as an administrator. Identify each of the following goals as short term or long term. A. Conduct teacher walk-throughs/observations/evaluations for teachers of grades 6 and 7. B. Assist the districts mission in seeking to educate all youth in the school district. C. Train to become a building instructional leader. Act as building administrator in the absence of the principal. D. Attend meetings with building principals and the administrative team when called to do so. E. Engage all students in a meaningful way, and support teachers and staff in providing rigor and relevance. Success of school-wide discipline and attendance policies and enforcement depends on a combination of creativity and sound pedagogy while adhering to district, state, and federal law, guidelines, and regulations. F. Facilitate and supervise all federal- and state-mandated drills (fire, lockdowns, tornado, others). G. Dress professionally. H. Assist the building principal in all job duties and responsibilities.The Scholastic Aptitude Test (or SAT) is a standardized college entrance test that is used by colleges and universities as a means for making admission decisions. The critical reading and mathematics components of the SAT are reported on a scale from 200 to 800. Several universities believe these scores are strong predictors of an incoming student’s potential success, and they use these scores as important inputs when making admission decisions on potential freshman. The tile RugglesCollege contains freshman year GPA and the critical reading and mathematics SAT scores for a random sample of 200 students who recently completed their freshman year at Ruggles College. Develop an estimated multiple regression equation that includes critical reading and mathematics SAT scores as independent variables. How much variation in freshman GPA is explained by this model? Test whether each of the regression parameters β0, β1, and β2, is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Are these interpretations reasonable? Using the multiple linear regression model you developed in part (a), what is the predicted freshman GPA of Bobby Engle, a student who has been admitted to Ruggles College with a 660 SAT score on critical reading and at a 630 SAT score on mathematics? The Ruggles College Director of Admissions believes that the relationship between a student’s scores on the critical reading component of the SAT and the student’s freshman GPA varies with the student’s score on the mathematics component of the SAT. Develop an estimated multiple regression equation that includes critical reading and mathematics SAT scores and their interaction as independent variables. How much variation in freshman GPA is explained by this model? Test whether each of the regression parameters β0, β1, β2, and β3 is equal to zero at a 0.05 level of significance. What are the correct interpretations of the estimated regression parameters? Do these results support the conjecture made by the Ruggles College Director of Admissions? Do you prefer the estimated regression model developed in part (a) or part (c)? Explain. What other factors could be included in the model as independent variables?
- Don Masters and two of his colleagues are considering opening a law office in a largemetropolitan area that would make inexpensive legal services available to those whocould not otherwise afford these services. The intent is to provide easy access for theirclients by having the office open 360 days per year, 16 hours each day from 7:00 a.m. to11:00 p.m. The office would be staffed by a lawyer, paralegal, legal secretary, andclerk-receptionist for each of the two 8-hour shifts.In order to determine the feasibility of the project, Don hired a marketing consultantto assist with market projections. The results of this study show that if the firm spends$500,000 on advertising the first year, the number of new clients expected each daywould have the following probability distribution:Don and his associates believe these numbers are reasonable and are prepared tospend the $500,000 on advertising. Other pertinent information about the operation ofthe office is as follows.The only charge to…Tech has a student population of 30,000 and is located in a small college town in Virginia. DirectCast Cable TV has a small service staff or three installation trucks and technicians that is sufficient to handle service calls and installations for almost the entire year. However, for the month-long period right before and during the beginning of fall semester in August, when all the students return, the cable TV service is overwhelmed. During the normal year DirectCast averages about 15 service requests per day (Poisson distributed), and service calls average about 50 minutes (exponentially distributed) during their 8-hour workday. However, during the month before school starts, the demand for service calls triples, and almost all of these are requests for installations, so the average service time increases to 80 minutes. During normal demand periods, DirectCast guarantees service within a 24-hour period. as an alternative to borrowing trucks and crews from other offices (which can be…Don Masters and two of his colleagues are considering opening a law office in a large metropolitan area that would make inexpensive legal services available to those who could not otherwise afford these services. The intent is to provide easy access for their clients by having the office open360 days per year, 16 hours each day from 7:00 a.m. to 11:00 p.m. The office would be staffed by a lawyer, paralegal, legal secretary, and clerk-receptionist for each of the two 8-hour shifts.In order to determine the feasibility of the project, Don hired a marketing consultant to assist with market projections. The results of this study show that if the firm spends $500,000 onadvertising the first year, the number of new clients expected each day would have the following probability distribution: Number of NewClients per Day Probability 20 0.10 30 0.30 55 0.40…