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Braden Brothers, Inc. is an architecture firm specializing in high-rise buildings. Its job-costing system has a single direct-cost category (architectural labor) and a single indirect.cost
Braden Brothers, Inc. is an architecture firm specializing in high-rise buildings. Its job-costing system has a single direct-cost category (architectural labor) and a single indirect.cost pool, which contains all costs of supporting the office. Support costs are allocated to individual jobs using architect labor-hours. For 2020, budgeted office support cost $1,500,000 and 30,000 Architect labor-hours. During March 2020 Braden Brother's architectural sketches for Champ Tower in Houston was budgeted to take 270 hours of architectural labor time, Assuming $90 architectural labor rate and the markup rate for pricing jobs is intended to produce operating income equal to 25% of total cost. Using normal costing Compute the budgeted total cost and price of the Champ Tower order Select one: $48,000 total costs and $60,000 the price of Champ Tower order b. $62,900 total costs and $78,625 the price of Champ Tower order C. $51,300 total costs and $64.125 the price of Champ Tower order d. $37.600 total costs and 547 250 the price of Champ Tower order e. $59.400 total costs and $74.250 the price of Champ Tower order
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