RODUCTION TO MANAGEMENT ACCOUNTING 16E blem 7-45 A D E H B C 5 Data for 20X6-20X7 Name Section F G Nebraska State University Undergraduates 58,000 Graduates 58,000 $ 3,600 1,800 92 7 Average salary of faculty member 8 Average faculty teaching load in semester 9 credit hours per year (eight undergraduate 10 or six graduate courses) 11 Average number of students per class 12 Total enrollment (full-time and part-time students) 13 Average number of semester credit hours carried 14 each year per student 15 Full-time load, semester hours per year 16 Tuition per credit hour (no other fees required) 17 Data for 20X7-20X8 and additional information: 18 Enrollment increase (decrease) 19 Faculty salary increase 20 Full-time scholarships 21 Expenses 22 Budget for operations & maintenance 23 Budget for remaining expenses 24 Budgeted operating expenses 25 Revenues: 26 Endowment income 27 Net income from auxiliary service 28 Intercollegiate athletic receipts 29 Other: 30 Classroom remodeling 31 Required 32 a. Projected enrollment 33 b. Projected student credit hours 34 Less scholarship credit hours -2.00% 6.0096 30 5.00% 6.00% $0 20X7-20X8 526,400 1,870,000 2.396,400 210,000 335,000 300,000 Formula 1 Formula 2 Formula 3 $75,000 Graduates Fomula 13 Formula 14 Fonnula 13 readsheet to the assignment 3 area mers/JJJH05 SUITE 575,000 Graduates Formula 13 Formula 14 Formula 15 Formula 16 Formula 17 Formula 18 Formula 19 Formula 20 Formula 21 Formula 22 30 Classroom remodeling 31 Required: Undergraduates 32 a. Projected enrollment Formula 1 33 b. Projected student credit hours Formula 2 34 Less scholarship credit hours Formula 3 35 Tuition paying credit hours Formula 4 36 c. Full-time equivalent enrollment Formula 5 37 Projected credit hours taught per faculty member Formula 6 38 d. Projected number of full-time faculty Formula 7 39 e. Projected salaries and benefits for full-time 40 faculty Formula 8 41 f. Projected tuition revenue Formula 9 42 Legislative apportionment: 43 Full-time equivalent students Formula 10 44 Legislative apportionment per full-time 45 equivalent student Formula 11 46 g. Total legislative apportionment Formula 12 47 Nebraska State University 49 Expenses: 50 Faculty salaries 51 Budgeted operating expenses 52 Total budgeted operating expenses 53 Revenues: 54 Tuition 55 Legislative apportionment 56 Endowment income 57 Net income from auxiliary services 58 Intercollegiate athletic receipts 59 Total budgeted operating revenues 60 Deficit from operations 61 Budgeted capital expenditures 62 Total cash needed from fund-raising Formula 23 Formula 24 48 20X7-20X8 Formula 25 Formula 26 Formula 27 Formula 28 Formula 29 Formula 30 Formula 31 Formula 32 Formula 33 S 64 End of Problem O tem RODUCTION TO MANAGEMENT ACCOUNTING 16E blem 7-45 A D E H B C 5 Data for 20X6-20X7 Name Section F G Nebraska State University Undergraduates 58,000 Graduates 58,000 $ 3,600 1,800 92 7 Average salary of faculty member 8 Average faculty teaching load in semester 9 credit hours per year (eight undergraduate 10 or six graduate courses) 11 Average number of students per class 12 Total enrollment (full-time and part-time students) 13 Average number of semester credit hours carried 14 each year per student 15 Full-time load, semester hours per year 16 Tuition per credit hour (no other fees required) 17 Data for 20X7-20X8 and additional information: 18 Enrollment increase (decrease) 19 Faculty salary increase 20 Full-time scholarships 21 Expenses 22 Budget for operations & maintenance 23 Budget for remaining expenses 24 Budgeted operating expenses 25 Revenues: 26 Endowment income 27 Net income from auxiliary service 28 Intercollegiate athletic receipts 29 Other: 30 Classroom remodeling 31 Required 32 a. Projected enrollment 33 b. Projected student credit hours 34 Less scholarship credit hours -2.00% 6.0096 30 5.00% 6.00% $0 20X7-20X8 526,400 1,870,000 2.396,400 210,000 335,000 300,000 Formula 1 Formula 2 Formula 3 $75,000 Graduates Fomula 13 Formula 14 Fonnula 13 readsheet to the assignment 3 area mers/JJJH05 SUITE 575,000 Graduates Formula 13 Formula 14 Formula 15 Formula 16 Formula 17 Formula 18 Formula 19 Formula 20 Formula 21 Formula 22 30 Classroom remodeling 31 Required: Undergraduates 32 a. Projected enrollment Formula 1 33 b. Projected student credit hours Formula 2 34 Less scholarship credit hours Formula 3 35 Tuition paying credit hours Formula 4 36 c. Full-time equivalent enrollment Formula 5 37 Projected credit hours taught per faculty member Formula 6 38 d. Projected number of full-time faculty Formula 7 39 e. Projected salaries and benefits for full-time 40 faculty Formula 8 41 f. Projected tuition revenue Formula 9 42 Legislative apportionment: 43 Full-time equivalent students Formula 10 44 Legislative apportionment per full-time 45 equivalent student Formula 11 46 g. Total legislative apportionment Formula 12 47 Nebraska State University 49 Expenses: 50 Faculty salaries 51 Budgeted operating expenses 52 Total budgeted operating expenses 53 Revenues: 54 Tuition 55 Legislative apportionment 56 Endowment income 57 Net income from auxiliary services 58 Intercollegiate athletic receipts 59 Total budgeted operating revenues 60 Deficit from operations 61 Budgeted capital expenditures 62 Total cash needed from fund-raising Formula 23 Formula 24 48 20X7-20X8 Formula 25 Formula 26 Formula 27 Formula 28 Formula 29 Formula 30 Formula 31 Formula 32 Formula 33 S 64 End of Problem O tem
