Suppose you have a work-study job in the office of your colleges president, and she asks you to compute the cost of instruction per full-time equivalent student at your college. The colleges vice president for finance provides the following information. Suppose part-time students take 80% of the classes of a full-time student during the year

Calculate the number of full-time equivalent students per year (including the current full time students). A. 1760 students B. 800 students C. 950 students D. 1660 students

Costs Illustration 16-6 Total cost of instruction $176,000,000 Student population: Full-time students 800 1,200 Part-time students