(Effectiveness and efficiency measures) The president at Northern State Uni versity has formed a new department to...
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(Effectiveness and efficiency measures) The president at Northern State Uni¬ versity has formed a new department to recruit top out-of-state students. The department’s funding for 2006 is $400,000, and the department was given the goal of recruiting 300 new nonresident students. By year-end 2006, the department had been credited with recruiting 330 new students. The depart¬ ment actually consumed $468,600 in its recruiting efforts.
a. How effective was the newly formed department? Show calculations.
b. How efficient was the department? Show calculations.
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Related Book For
Cost Accounting Foundations And Evolutions
ISBN: 9780324235012
6th Edition
Authors: Michael R. Kinney, Jenice Prather-Kinsey, Cecily A. Raiborn
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