Complete this question by entering your answers in the tabs below. Determine the number of faculty members needed to cover classes. Complete this question by entering your answers in the tabs below. Assume there is a shortage of full-time faculty members. Note: Select "Yes" if the statement is an action that WSU might take to accommodate the growing student body, and "No" if it. is not Complete this question by entering your answers in the tabs below. Prepare a tuition revenue budget for the upcoming academic year. Complete this question by entering your answers in the tabs below. You have been requested by the university's administrative vice president (AVP) to construct budgets for other areas of operation (e.g., the library, grounds, dormitories, and maintenance). The AVP noted: "The most important resource of the university is its faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key driver-without them we don't operate." Are faculty members a key driver in preparing budgets? Show less 4 Avo faculty mombers a key drivor in preparing budgets? Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently. 13,000 students are enrolled on campus; however, the odmissions office is forecosting a 8 percent growth in the student body despite a tuition hike to $85 per credit hour. The following additional information has been gathered from an examination of university records and conversations with university officials: - WSU is planning to aword 170 tuition-free scholarships: - The overage class has 20 students, and the typlical student takes 10 credit hours each semester. Each class is two credir hours. - WSU's faculty members are evaluated on the basis of teaching, research, and university and community service. Each faculty member teaches five classes during the academic year. Required: 1. Prepare a tultion revenue budget for the upcoming academic year. 2. Determine the number of faculty members needed to cover classes. 3. Assume there is a shortage of full-time foculty members. Select at least five actions that WSU might take to accommodate the growing student body. 4. You have been requested by the university's administrative vice president (AVP) to construct budgets for other areas of operation (e.g. the library, grounds, dormitories, and maptenonce). The AVP noted "The most important resource of the university is its foculty. Now that you know the number of foc lity needed, you can prepare the other budgets. Faculty members are indeed the key diver-without them we don't operate- Are flulty members a key dilver in preparing budgets