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16 (8 points) Mark Papers employs 15 full-time employees and 10 trainees. Direct and indirect costs are applied on a professional labor-hour basis that includes

16 (8 points) Mark Papers employs 15 full-time employees and 10 trainees. Direct and indirect costs are applied on a professional labor-hour basis that includes both employee and trainee hours. Following is information for 2019: Budget Actual Indirect costs $200,000 $300,000 Annual salary of each employee $100,000 $110,000 Annual salary of each trainee $25,000 $30,000 50000 DLH 60000 DLH Total professional labor-hours How much should a client be billed in a normal costing system when 1,000 professional labor-hours are used? Example of Answer: 4000 (No comma, space, decimal point, or $ sign) A

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