Anderson & Little is an advertising agency. The firm uses a job cost system in which each client is a different "job." Anderson & Little traces direct labor, software licensing costs, and travel costs directly to each job (client). The company allocates indirect costs to jobs based on a predetermined indirect cost allocation rate based on direct labor hours. At the beginning of the current year, managing partner Trang Anderson prepared a budget: Direct labor hours (professional) 17,100 hours Direct labor costs (professional) RM2,052,000 Support staff salaries RM 160,000 Rent and utilities RM 48,000 Supplies RM 461,300 Lease payments on computer hardware RM 66,000 During January of the current year, Anderson & Little served several clients. Records for two clients appear here: DreamVacation.com Port Armour Golf Resort Direct labor hours 750 hours 30 hours Software licensing costs RM2,500 RM150 Travel costs RM8,000 RM 0 Required: (a) Compute Anderson & Little's predetermined indirect cost allocation rate for the current year based on direct labor hours. (5 marks) (b) Compute the total cost of each job. (9 marks) (c) If Anderson & Little wants to earn profits equal to 20% of sales revenue, how much (what total fee) should it charge each of these two clients? (4 marks) (d) Why does Anderson & Little assign costs to jobs? (2 marks)