Author Question: With a best-of-breed approach an organization can minimize the number of different software modules ... (Read 81 times)

sammy · **on:** Jul 5, 2018

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 · **Reply #1 on:** Jul 5, 2018

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