Reference no: EM131774162

Pippa earns $68,000 annually as a marketing specialist in Mexico City, Mexico. She has applied for admission to the BBA program at Yorkville University. If accepted, she will resign and move to Halifax, Nova Scotia. Pippa has assembled the following data to make the decision:

Pippa's current annual salary (2% raise expected next year)

$68,000

Annual tuition and fees

14,000

Annual book and supply expense

3,000

Monthly living expenses in Mexico City

800

Monthly living expenses in Halifax

1,600

Monthly auto expenses in Mexico City

350

Monthly auto expenses in Halifax

350

Cost of two business suits purchased just prior to resigning

600

Moving expenses

5,500

Calculate the following in the context of Pippa's decision:

Total sunk costs (if any)

Total differential or incremental costs (if any)

Total opportunity costs (if any)

What is your best estimate of the total cost to Pippa's of earning a BBA degree if it will take her 24 months to complete the program?