With a best-of-breed approach an organization can minimize the ...

[sammy]

With a best-of-breed approach an organization can minimize the number of different software modules employed to implement an enterprise system.
  Indicate whether the statement is true or false

Question 2

Ruby Corp is bidding on a design project for a new client. The total budgeted direct-labor costs for the firm are 400,000. The total budgeted indirect costs are 800,000. It is estimated that there are 10,000 billable hours in total.
 
  Required:
  a. What is the budgeted direct-labor cost rate?
  b. What is the budgeted indirect-cost rate assuming direct-labor cost is the allocation base?
  c. What should be the engineering firm bid on the project if the direct labor hours are estimated at 300 hours?

[olivia_paige29]

Answer to Question 1

F

Answer to Question 2

Answer:
a. 400,000/10,000 = 40/hour
b. 800,000/400,000 = 200 of direct labor cost
c. (300  40) + (15,000  2.0) = 42,000

[sammy]

Great answer, keep it coming

[raenoj]

Thanks for the timely response, appreciate it