Western State University (WSU) is preparing its master budget for the upcoming academic year. Currently, 16,500 students are enrolled on campus; however, the admissions office is forecasting a 8 percent growth in the student body despite a tuition hike to $85 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 200 tuition-free scholarships. The average class has 20 students, and the typical student takes 15 credit hours each semester. Each class is three 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: 1. Prepare a tuition revenue budget for the upcoming academic year. 2. Determine the number of faculty members needed to cover classes. 3. 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. 4. 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?

Could you help me produce the expected cash collection from customers?

Budget planners for a certain community have determined that $7,293,000 will be required to provide all government services next year. The total assessed property value in the community is $130,000,000. What tax rate is required to meet the budgetary demands? (Express your answer as a tax rate per $100 to two decimal places rounded up.) 2$

Monroe Outpatient Surgery Center (MOSC) is developing an operating budget for the month ending June 30, 2024. MOSC expects to perform 80 surgical procedures during the month. MOSC’s average charge (price) per surgical procedure is $2,500. The cost of disposable surgical supplies is $300 per surgical procedure. MOSC also contracts with orthopedic surgeons at a fee of $1,500 per surgical procedure. The monthly salaries for MOSC’s receptionist, bookkeeper, and two surgical nurses total $10,500. MOSC’s occupancy costs, which include space rental, insurance, and all utilities, are $8,200 per month. Average monthly communication costs are $1,200. Office and operating room equipment was installed at a cost of $240,000. The equipment is expected to have a 5-year life and has no salvage value (Depreciation of $4,000 for every month). Prepare MOSC’s operating budget for the month of June 2024. My response: June 2024 Operating Budget for Monroe Outpatient Surgery Center               June…