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A1 A1
wrote...
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6 years ago
Luke employs 20 professional cleaners. Budgeted costs total $1,800,000 of which $1,550,000 is direct costs. Budgeted indirect costs are $750,000 and actual indirect costs were $795,800. Budgeted professional labor-hours are 1,000,000 and actual hours were 1,218,000. What is the budgeted direct cost-allocation rate?
A) $1.80 per hour
B) $1.7857 per hour
C) $0.75 per hour
D) $1.55 per hour
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wrote...
6 years ago
 D
Explanation:  D) $1,550,000 / 1,000,000 = $1.55
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