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 Broadcast Hours Cost Behavior Variable Cost Amount during Month $ 4,410 350 7,686 610 4,700 350 4,700 610 Supervisory employees Fixed July September 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 380 broadcast hours? 3. What will be the cost per broadcast hour in December for each of the cost items?
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 Broadcast Hours Cost Behavior Variable Cost Amount during Month $ 4,410 350 7,686 610 4,700 350 4,700 610 Supervisory employees Fixed July September 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 380 broadcast hours? 3. What will be the cost per broadcast hour in December for each of the cost items?
Chapter1: Financial Statements And Business Decisions
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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
Broadcast Hours
Cost Behavior
Variable
Cost Amount
during Month
$ 4,410
350
7,686
610
4,700
350
4,700
610
Supervisory employees
July
September
Fixed
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 380 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.
Required 1 Required 2
Required 3
Compute the cost per broadcast hour during July and September for each of these cost items.
Note: Round your answers to 2 decimal places.
Cost Item
Production crew
Supervisory employees
Cost per Broadcast Hour
July
September
per hour
per hour
per hour
per hour
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