Calculation of product cost of providing one evening of instruction.
Wakefield, Inc., offers a CPA review course in cities throughout the eastern United States. Wakefield hires local CPAs to do the teaching. Each instructor is paid $120 an hour to teach the the course; a course consists of 12 weeks of instruction with sessions taking place four evenings a week for two hours at each
The other instruction costs to Wakefield are to pay for hotel conference rooms to host the course. Generally, Wakefield pays the hotel $625 per evening to rent a conference room. Also, tuition for the course includes all course materials , which cost the company $180 for each student.
What is the product cost of providing one evening of instruction for all students?