http://newsok.com/article/5498111 Higher ed budgets were recently cut 15% by the

http://newsok.com/article/5498111
Higher ed budgets were recently cut 15% by the state legislature of Oklahoma. OCCC anticipated these cuts and laid off over 60 positions and have cut back several programs in order to save on expenses. Please identify the five variable costs for OCCC and five fixed costs of OCCC. Why are the costs you categorized organized correctly? Please come up with a way for OCCC to raise revenue. Come up with a way for OCCC to lower costs.
1 A variable cost is a cost that varies with services produced or production output, these include:1 Staff salaries cost2 Tuition cost3 Fees4 Graduation cost5 Laboratory materials and…

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