Social Science Clinic => Accounting => Topic started by: biggirl4568 on Mar 6, 2021
Title: Elite Stationary employs 20 full-time employees and 10 trainees. Direct and indirect costs are ...
Post by: biggirl4568 on Mar 6, 2021
Elite Stationary employs 20 full-time employees and 10 trainees. Direct and indirect costs are applied on a professional labor-hour basis that includes both employee and trainee hours. Following is information for 2018:
Budget
Actual
Indirect costs
$300,000
$400,000
Annual salary of each employee
$200,000
$210,000
Annual salary of each trainee
$35,000
$40,000
Total professional labor-hours
20,000
dlh
40,000
dlh
How much should a client be billed in a normal costing system when 1,000 professional labor-hours are used? ◦ $215,000 ◦ $125,000 ◦ $130,000 ◦ $145,000
Title: Elite Stationary employs 20 full-time employees and 10 trainees. Direct and indirect costs are ...
Post by: helenmarkerine on Mar 6, 2021