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ABC Company does consulting for clients. They use job costing to collect the costs of each consulting engagement. They have one direct cost - the
ABC Company does consulting for clients. They use job costing to collect the costs of each consulting engagement. They have one direct cost - the direct labor of the professional consultants. All other costs are support costs of doing the consulting engagements. ABC allocated the support costs to each job using DL hours as the allocation base. Based on the data below, if a consulting engagement took 90 hours, what is the total job cost for the engagement? 15,000 $150/hr Direct Labor Hours for the year Direct Labor Rate Per Hour Support Costs: Office rent Support staff salaries Utilities $250,000 $750,000 $310,000 $1,323,500 $35,360 $21,360 $13,500 $3,560,000
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