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Higher ed budgets were recently cut by 18.6% three years ago by the state legislature...

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Accounting

Higher ed budgets were recently cut by 18.6% three years ago by the state legislature of Oklahoma from the previous five years before then. 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. (OCCC is a community college)

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