Allridge University formed a new department to recruit top out-of-state students. The department's funding for 2010 was

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Allridge University formed a new department to recruit top out-of-state students. The department's funding for 2010 was $1,600,000, and the department was given the goal of recruiting 600 new nonresident students. By year-end 2010, the department was credited with recruiting 660 new students. The department actually consumed $1,873,200 in its recruiting efforts.
a. How effective was the newly formed department? Show calculations.
b. How efficient was the department? Show calculations.

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Cost Accounting Foundations and Evolutions

ISBN: 978-1111626822

8th Edition

Authors: Michael R. Kinney, Cecily A. Raiborn

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