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

Author Question: A local accounting firm employs 24 full-time professionals. The budgeted annual compensation per ... (Read 99 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
on: Mar 6, 2021
A local accounting firm employs 24 full-time professionals. The budgeted annual compensation per employee is $45,000. The average chargeable time is 420 hours per client annually. All professional labor costs are included in a single direct-cost category and are allocated to jobs on a per-hour basis.

Other costs are included in a single indirect-cost pool, allocated according to professional labor-hours. Budgeted indirect costs for the year are $790,000, and the firm expects to have 90 clients during the coming year.

What is the budgeted direct labor cost rate per hour? (Round the final answer to the nearest cent.)
◦ $28.57 per hour
◦ $20.90 per hour
◦ $4.46 per hour
◦ $107.14 per hour
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 kwoodring on Mar 6, 2021

harveenkau8139

  • Sr. Member
  • ****
  • Posts: 304
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 25% of students answer this correctly


kwoodring

  • Member
  • Posts: 560
Reply 2 on: Mar 6, 2021
:D TYSM

jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

In 1844, Charles Goodyear obtained the first patent for a rubber condom.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

(c) snow in Nunavut, alter the local albedo, causing altered microclimates. High albedos are found (c) snow in Nunavut, alter the local albedo, causing altered microclimates. High albedos are found
Local and long–distance cell communication in animals. Local and long–distance cell communication in animals.
Mechanism of Action of Local Anesthetics Mechanism of Action of Local Anesthetics
Having a time zone map located near the telephone will assist you when making long distance calls ou Having a time zone map located near the telephone will assist you when making long distance calls ou
Time course of HIV infection. Time course of HIV infection.
Moving the hip through its full range of motion. Moving the hip through its full range of motion.
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library