ERIC Number: ED186654
Record Type: RIE
Publication Date: 1978-Aug
Reference Count: 0
The Development of a Model for Estimating the Costs Associated with the Delivery of a Metals Cluster Program.
Hunt, Charles R.
A study developed a model to assist school administrators to estimate costs associated with the delivery of a metals cluster program at Norfolk State College, Virginia. It sought to construct the model so that costs could be explained as a function of enrollment levels. Data were collected through a literature review, computer searches of the Educational Resources Information Center (ERIC), and consultations with knowledgeable persons in the fields of accounting and administration. Direct and relevant overhead expenses for estimating the per student contact hour costs were identified from basic cost data secured from direct inquiry of qualified sources; records; building plans and specifications; equipment suppliers' catalogs, specifications, and quotations; and the utilization of engineering formulas and constants. Unit costs were computed for present and increasing levels of enrollment, and estimated total program expenditure was adjusted for inflation for a one-year projection. Major findings were that per student contact hour costs for a program and individual instructional areas (1) can be computed using cost accounting concepts and procedures; (2) have instructional salaries as their largest single element; (3) were higher for the machine shop than for the sheet metal, foundry, and welding area; and declined as enrollment increased to optimum size. (YLB)
Publication Type: Dissertations/Theses - Masters Theses; Reports - Research
Education Level: N/A
Authoring Institution: N/A
Identifiers: Norfolk State College VA
Note: Master's Thesis, Northern Illinois University. Not available in paper copy due to light print.