Answer:
Explanation:
a. Revenue from improving recruitment:
Tuition per semester labor hour is $200 per semester credit
Revenue from state = $80 per semester credit
Expenses from improving recruitment,
Labor cost = $7200
Material cost = $35 per student
Number of students per class = 85
So, Total material costs = 85 x 35 = $2975
Overhead costs = $31000
Output for 3 credit hour= number of students x revenue x credit hours
= 85 x (200+80)x3 = $71400
Multifactor productivity related to improving recruitment= Output/(Labor cost+ material cost+ overhead) = 71400/ (7200+2975+31000) = 71400/41175 = 1.734