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Author Question: Smith and Jones CPA firm employs 12 accountants and 10 paraprofessionals. Direct and indirect costs ... (Read 267 times)

mia

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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
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Marked as best answer by mia on Mar 6, 2021

FergA

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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.
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mia

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Reply 2 on: Mar 6, 2021
Great answer, keep it coming :)

kusterl

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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