MFA Television Practice Exam

Access More Questions

If the gross cost of the TV campaign is $1,350,000 what is the budget you have to spend with each TV Network if Seven's share is 37.5%, Nine's share is 45% and STV's share is 17.5%?

Seven - $455,625; Nine - $546,750; STV - $212,625 Seven - $607,500; Nine - $506,250; STV - $236,250 Seven - $ 506,250; Nine - $607,500; STV - $236,250 STV - $506,250; Nine- $607,500; Seven - $236,250

Correct Answer:

Seven - $ 506,250; Nine - $607,500; STV - $236,250

Explanation:

Distribute the total budget in proportion to each network’s share. Convert the percentages to decimals: 37.5% = 0.375, 45% = 0.45, 17.5% = 0.175. Multiply each by the gross cost of 1,350,000. Seven: 1,350,000 × 0.375 = 506,250 Nine: 1,350,000 × 0.45 = 607,500 STV: 1,350,000 × 0.175 = 236,250 These sums add up to the total, confirming the allocations. So the budget allocations are Seven: 506,250; Nine: 607,500; STV: 236,250.

Access more questions from this quiz

Continue to MFA Television Practice Exam for more practice questions and the full quiz experience.

Access More Questions