Answered step by step
Verified Expert Solution
Question
1 Approved Answer
A professional audit firm charged juniors at $60 per hour, seniors at $200 per hour and the overhead rate for both was 150 per cent
A professional audit firm charged juniors at $60 per hour, seniors at $200 per hour and the overhead rate for both was 150 per cent on direct labour. The firm added 10 per cent on total cost to arrive at a fee to be charged. If a job took 7 junior hours and 3 senior hours, what was the fee charged? Select one: a. 2345 b. 2805 c. 3450 d. 2635
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started