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H3Ko H3Ko
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7 years ago
Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year. The company's estimated total indirect costs are $152,000. The direct labor rate is $104 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Baptiste performs a job requiring 52 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
A) $216,320
B) $7,940
C) $5,408
D) $2,269
Textbook 
Horngren's Financial & Managerial Accounting, The Financial Chapters

Horngren's Financial & Managerial Accounting, The Financial Chapters


Edition: 5th
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Mrgo-breedMrgo-breed
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H3Ko Author
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#2
7 years ago
YES! Can't believe I got this one right. Appreciate the confirmation
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7 years ago
Excellent Slight Smile
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4 years ago
Thanks
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4 years ago
thank u!
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thanks you
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Bet
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Thank you
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thank you!
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