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Exercise 6-24 Behavior of Fixed and Variable Costs; Television Station (LO 6-1, 6-2) WMEJ is an independent television station run by a major state university.
Exercise 6-24 Behavior of Fixed and Variable Costs; Television Station (LO 6-1, 6-2) 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 productioncrew and supervisory costs are as follows for July and September. Cost Cost Broadcast Hours Cost Item Behavior Amount during Month Production crew Variable July $5,292 420 September 8,664 646 Supervisory employees Fixed July 5,266 426 September 5,266 648 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 450 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. (Round your answers to 2 decimal places.) supewisoryemployees -perhour Required 2 >
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