This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Smith and Jones CPA firm employs 12 accountants and 10 paraprofessionals. Direct and indirect costs ... (Read 266 times)

mia

  • Hero Member
  • *****
  • Posts: 564
on: Mar 6, 2021
Smith and Jones CPA firm employs 12 accountants and 10 paraprofessionals. Direct and indirect costs are applied on a professional labor-hour basis that includes both attorney and paraprofessional hours. Following is information for 2018:

BudgetActual
Indirect costs$290,000$310,000
Annual salary of each attorney$90,000$105,000
Annual salary of each paraprofessional$32,000$33,000
Total professional labor-hours20,000dlh25,000dlh

What are the actual direct-cost rate and the actual indirect-cost rate, respectively, per professional labor-hour?
◦ $63.60; $11.60
◦ $70.00; $14.50
◦ $79.50; $12.40
◦ $63.60; $12.40
Horngren's Cost Accounting: A Managerial Emphasis ¦ Datar, Rajan ¦ 16th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by mia on Mar 6, 2021

FergA

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Mar 6, 2021
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 50% of students answer this correctly


mia

  • Member
  • Posts: 564
Reply 2 on: Mar 6, 2021
Excellent

  • Member
  • Posts:
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Rebound Tenderness, Apply Firm Pressure to the Abdomen Rebound Tenderness, Apply Firm Pressure to the Abdomen
Phillip K. Smith III, Lucid Stead. Phillip K. Smith III, Lucid Stead.
Phillip K. Smith III, Lucid Stead. Phillip K. Smith III, Lucid Stead.
Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates. Adrian Smith, Skidmore, Owings & Merrill, Burj Khalifa, Dubai, United Arab Emirates.
How to calculate fuel costs How to calculate fuel costs
Common Systems for Direct DNA Repair Common Systems for Direct DNA Repair
Video: Blood Flow Through the Kidneys

For a complete list of videos, visit our video library