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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 Cost Item $4,875 8,000 Required 2 Required 3 Production crew Supervisory employees 5,000 5,000 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? Complete this question by entering your answers in the tabs below. Broadcast Hours during Month Required 1 Compute the cost per broadcast hour during July and September for each of these cost items. (Round your answers to 2 decimal places.) July 390 640 390 640 per hour per hour Cost per Broadcast Hour September per hour per hour

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 Cost Item $4,875 8,000 Required 2 Required 3 Production crew Supervisory employees 5,000 5,000 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? Complete this question by entering your answers in the tabs below. Broadcast Hours during Month Required 1 Compute the cost per broadcast hour during July and September for each of these cost items. (Round your answers to 2 decimal places.) July 390 640 390 640 per hour per hour Cost per Broadcast Hour September per hour per hour

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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 Cost Item $4,875 8,000 Production crew Supervisory employees 5,000 5,000 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? Broadcast Hours during Month Complete this question by entering your answers in the tabs below. July 390 640 Required 1 Required 2 Required 3 Compute the cost per broadcast hour during July and September for each of these cost items. (Round your answers to 2 decimal places.) 390 640 per hour per hour Cost per Broadcast Hour September per hour per hour
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 Cost Item $4,875 8,000 Production crew Supervisory employees 5,000 5,000 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? Broadcast Hours during Month Complete this question by entering your answers in the tabs below. July 390 640 Required 1 Required 2 Required 3 Compute the cost per broadcast hour during July and September for each of these cost items. (Round your answers to 2 decimal places.) 390 640 per hour per hour Cost per Broadcast Hour September per hour per hour
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