Question
A local consulting firm employes 30 full time staff. the budgeted compensation per employee is $50 000, for 2000hours. all direct labour costs are charged
A local consulting firm employes 30 full time staff. the budgeted compensation per employee is $50 000, for 2000hours. all direct labour costs are charged to clients. any other costs are included in a single indirect-cost pool, allocated according to labour-hours. actual indirect costs were $750 000. Budgeted indirect costs for th eyear are $525000 and the firm expects to have 60 clients during the coming year. what is the total cost of a job which took 27 hours, using normal costing?
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