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skully skully
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7 years ago
Christian's Consulting Service employs 10 full-time consultants and 5 assistants. The direct and indirect costs are applied on a consultant labor-hour basis that includes both the consultants and assistant hours. The following information was reported by the accountant in 2012.
   Budget      Actual
Indirect costs   $200,000      $250,000
Annual Salary of each consultant   $100,000      $150,000
Annual salary of each assistant   $45,000         $55,000
Total professional labor hours    40,000    dlh   55,000   dlh

Compute the actual direct-cost rate and the actual indirect-cost rate per professional labor-hour.
A) $15.56; $2.25
B) $18.94; $2.75
C) $21.52; $2.95
D) $32.27; $4.54
E) $35.96; $4.95
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Managerial Accounting: Decision Making and Motivating Performance

Managerial Accounting: Decision Making and Motivating Performance


Edition: 1st
Authors:
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Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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lordingtonlordington
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skully Author
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7 years ago
Thank you for answering correctly
Managerial Accounting: Decision Making and Motivating Performance
University of Pittsburgh
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