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Jaclyn works as a Marketing Consultant in Tampa Bay, Florida. She has applied for admission to the MBA program at Cape Breton University. If accepted, Jaclyn will resign from her job in Tampa Bay, Florida and move to Sydney, Nova Scotia. Jaclyn has assembled the following data to help her make the decision:

Jaclyn's annual salary $68,000

Annual Tuition and fees $14,000

Annual book and school supplies expense 3,000

Monthly living expenses in Tampa Bay 800

Monthly living expenses in Sydney 1,600

Monthly auto expenses in Tampa Bay 350

Monthly auto expenses in Sydney 350

Cost of two business suits (clothing) purchased just prior to resigning 600

Moving Expenses 5,500

Required:

A) Calculate the following in the context of Jaclyn's decision:

a. Total sunk costs (if any)

b. Total differential or incremental costs (if any)

c. Total opportunity costs (if any)

B) What is your best estimate of the total cost to Jaclyn of earning an MBA degree if it will take her 12 months to complete the program?

C) Suppose you are Jaclyn. What specific additional information would you need in order to make a rational decision to pursue and successfully complete the MBA program at Cape Breton University. Explain.