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Additional information Prepared budget Later that same year in November, Vista Design served several clients. Records for two clients appear here: Vista Design is an
Additional information Prepared budget Later that same year in November, Vista Design served several clients. Records for two clients appear here: Vista Design is an interior design firm. The firm uses a job cost system in which each client is a different "job." Vista Design traces direct labor, licensing costs, and travel costs directly to each job (client). It allocates indirect costs to jobs based on a predetermined indirect cost allocation rate computed as a percentage of direct labor costs. At the beginning of the current year, managing partner Sarah Munro prepared the following budget: View the prepared budget. Read the requirements. Identify the formula, then compute the rate. (Enter the result as a whole number.) Requirement 2. Compute the total cost of each of the two jobs listed. First enter in the direct costs for each job, then enter in the indirect costs and total cost for the jobs. (Complete all input fields. For accounts with no balance, make sure to enter "0" in the appropriate cell. Enter percentage amounts as a whole number. Round your answers to the nearest whole dollar.) managing partner Sarah Munro prepared the following budget: View the prepared budget. Read the requirements. Identify the formula then determine the amount Vista Design should charge these clients. (Round your answers to the nearest whole dollar.) Requirement 4. Why does Vista Design assign costs to jobs? Vista Design assigns costs to jobs to help the company that cover all costs and contribute to profit. Assigning costs to also can help Vista Design control costs
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