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Title: Virginia Consultants employs 10 full-time management consultants. The budgeted annual compensation ... Post by: Onxy on Feb 12, 2017 Virginia Consultants employs 10 full-time management consultants. The budgeted annual compensation per employee is $75,000. The average time charged per client is 250 hours per year. The professional consultant labor costs are included in a single direct-cost category and they are allocated to jobs on a per-hour basis.
The other costs associated with the consultant firm are included in a single indirect-cost pool, allocated according to professional labor hours. The budgeted indirect costs for the year are $500,000, and the firm expects to have 50 new clients in the next year. What is the budgeted direct-labor cost rate per hour? A) $20 per hour. B) $30 per hour. C) $40 per hour. D) $50 per hour. E) $60 per hour. Title: Re: Virginia Consultants employs 10 full-time management consultants. The budgeted annual ... Post by: lordington on Feb 12, 2017 Content hidden
Title: Re: Virginia Consultants employs 10 full-time management consultants. The budgeted annual compensation ... Post by: Onxy on Jul 4, 2017 Was a lot harder than it appeared! Thanks
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