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?
Principles of Cost Accounting
17th Edition
ISBN:9781305087408
Author:Edward J. Vanderbeck, Maria R. Mitchell
Publisher:Edward J. Vanderbeck, Maria R. Mitchell
Chapter8: Standard Cost Accounting—materials, Labor, And Factory Overhead
Section: Chapter Questions
Problem 6P: RDI Products Co. manufactures a variety of products made of plastic and aluminum components. During...
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