MANAGERIAL ACCOUNTING HANDOUT PROBLEM 11 Score Name Section Problem (10 points). Sally Durian is about to graduate from Private University. She is currently trying to decide whether she should stay at the university and obtain a master's degree or enter the job market with only a bachelor's degree. She has asked for your help and provided you with the following information. SALLY DURIAN INFORMATION RELATING TO DECISION CONCERNING PURSUIT OF M.B.A. DEGREE $ 48,000 20,000 29,500 Costs incurred for B.S. degree Out of pocket costs for M.B.A. degree Estimated starting salary with B.S. degree Estimated starting salary with M.B.A. degree Estimated time to complete M.B.A. degree Estimated time from the present to retirement 33,000 2 years 40 years REQUIRED: (1) (2) Which of the items listed are relevant to Sally's decision? Explain. Is $20,000 the best measure of the cost of getting a M.B.A. degree? Why or why not? What other factors should Sally consider? Explain. (3)