Using a university setting as an example: discuss two typical costs (e.g. instructors: online learning systems, administrative staff: athletic programs, library: etc) by classifying each as fixed: variable, or mixed. give your ideas on the most likely driver(s) for each cost -- such as units (students): batches (a course): etc.
Speculate as if you were the dean of a college of business about: (1) what type of costing system would be most appropriate in a university setting, and (2) the types of decisions that costing data would be help you make as a dean.
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