WMEJ is an independent television station run by a major state university. The station's broadcast hours vary during the year depending on whether the university is in session. The station's production-crew and supervisory costs are as follows for July and September.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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WMEJ is an independent television station run by a major state university. The station's broadcast hours vary during the year
depending on whether the university is in session. The station's production-crew and supervisory costs are as follows for July and
September.
Cost Item
Production crew
July
September
Supervisory employees
July
September
Cost
Cost
Behavior Amount
Variable
Fixed
Required 1
Production crew
Supervisory employees
$4,875
8,000
5,000
5,000
Broadcast Hours
during Month
Required:
1. Compute the cost per broadcast hour during July and September for each of these cost items.
2. What will be the total amount incurred for each of these costs during December, when the station's activity will be 420 broadcast
hours?
3. What will be the cost per broadcast hour in December for each of the cost items?
Total Cost
390
640
Complete this question by entering your answers in the tabs below.
390
640
Required 2 Required 3
What will be the total amount incurred for each of these costs during December, when the station's activity will be 420
broadcast hours?
Transcribed Image Text:WMEJ is an independent television station run by a major state university. The station's broadcast hours vary during the year depending on whether the university is in session. The station's production-crew and supervisory costs are as follows for July and September. Cost Item Production crew July September Supervisory employees July September Cost Cost Behavior Amount Variable Fixed Required 1 Production crew Supervisory employees $4,875 8,000 5,000 5,000 Broadcast Hours during Month Required: 1. Compute the cost per broadcast hour during July and September for each of these cost items. 2. What will be the total amount incurred for each of these costs during December, when the station's activity will be 420 broadcast hours? 3. What will be the cost per broadcast hour in December for each of the cost items? Total Cost 390 640 Complete this question by entering your answers in the tabs below. 390 640 Required 2 Required 3 What will be the total amount incurred for each of these costs during December, when the station's activity will be 420 broadcast hours?
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