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Advance Consulting provides taxation and accounting services to its clients. The firm charges its clients based on an hour rate. For 2021, general operating costs

Advance Consulting provides taxation and accounting services to its clients. The firm charges its clients based on an hour rate. For 2021, general operating costs is budgeted at $76,000 for 1800 operating hours. Other costs are calculated as below:

Cost of a consultant $200 per hour
Cost of a meeting room $100 per hour
Cost of stationaries and document search $150 per customer

Required: i. Identify the cost object/s, cost driver/s, direct costs, and indirect costs that Advance Consulting has used. ii. Calculate the total costs of a client's five-hour consultation.

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