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a. what are the revenue and cost per client? b. prepare an income statement for july 70.7/100 Total points B. For the month of July,
a. what are the revenue and cost per client?
70.7/100 Total points B. For the month of July, UP Payroll Services worked 1,850 hours for Dune Motors, 555 hours for Jake's Charters, and 925 hours for Mission Hospital. UP bills clients at $125 an hour, its labor costs are $48 an hour. A total of 3,700 hours were worked in July with 370 hours not billable to clients. Overhead costs of $35,000 were incurred and were assigned to clients on the basis of direct labor-hours. Because 370 hours were not billable, some overhead was not assigned to jobs. UP had $30,200 in marketing and administrative costs. All transactions were on account Required: a. What are the revenue and cost per client? b. Prepare an income statement for July 125 awarded Fored Complete this question by entering your answers in the tabs below. Required A Required B b. prepare an income statement for july
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