Western State University $($WSU$)$ is preparing its master budget for the upcoming academic year. Currently, $14,000$ students are enrolled

on campus; however, the admissions office is forecasting a $8$ percent growth in the student body despite a tuition hike to $$80$ per

credit hour. The following additional information has been gathered from an examination of university records and conversations with

university officials:

WSU is planning to award $150$ tuition$-$free scholarships.

The average class has $35$ students, and the typical student takes $20$ credit hours each semester. Each class is four credit hours.

WSU's faculty members are evaluated on the basis of teaching, research, and university and community service. Each faculty

member teaches five classes during the academic year.

Required:

Prepare a tuition revenue budget for the upcoming academic year.

Determine the number of faculty members needed to cover classes.

Assume there is a shortage of full$-$time faculty members. Select at least five actions that WSU might take to accommodate the

growing student body.

You have been requested by the university's administrative vice president $($AVP$)$ to construct budgets for other areas of operation

$($e$.$g$.,$ the library, grounds, dormitories, and maintenance$).$ The AVP noted: "The most important resource of the university is its

faculty. Now that you know the number of faculty needed, you can prepare the other budgets. Faculty members are indeed the key

driver$-$without them we don't operate." Are faculty members a key driver in preparing budgets?

Answer is complete but not entirely correct.

Complete this question by entering your answers in the tabs below.

Required $2$

Required $4$

Prepare a tuition revenue budget for the upcoming academic year.

Tuition revenue budget: Current student enrollment $(14,000$ Add: Increase in student body $(1,120$ Total student body $15,120$ Less: Tuition$-$free scholarships $*150*$ Tuition$-$paying students $14,970$ Credit hours per student per year $(598,800$ Total credit hours $8,964,036,000$ Tuition rate per hour $*$ $ $80*$ Forecasted tuition revenue $$17","122","880","000$

I need help with the credit hours per student per year section