Author Question: Customer relationship management (CRM) software builds and maintains an organization's ... (Read 91 times)

yoroshambo · **on:** Jul 5, 2018

Customer relationship management (CRM) software builds and maintains an organization's customer-related database.
Indicate whether the statement is true or false

Question 2

The law firm of Smith & Jones has a staff of 30 lawyers and administrative staff. Budgeted total costs of the firm total 4,000,000 of which 2,500,000 is direct-labor costs.

Assuming that the remaining costs are indirect and direct-labor cost is the allocation base, calculate the budgeted indirect cost rate.
A) 38 of direct-labor cost
B) 60 of direct-labor cost
C) 63 of direct-labor cost
D) 160 of direct-labor cost