Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

can you help me with requirement 3 please Polica Dom. The me contain which each offer Design traces direction control recobondved costo bused on a

can you help me with requirement 3 please image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Polica Dom. The me contain which each offer Design traces direction control recobondved costo bused on a prominent consectional computed sof direct labore Aging of the current yw, managing partner Cadence Winston prepared the following budget mote contrepared Certama yow in Not Pelican Devonserved data Record for two cents per Chow the core) Read the YO 130 too Langote 2.600 100 T 3.000 Total Coats 1 100200 Indro Cose 23 1 21.1 2100 2001 Total Cont 112 Requirement Design wants caros qual to 10% of tow much who the company thach of these det? de forma trenten har en and your other OF ws Data Table . Direct labor hours (professional) 10,000 hours Direct labor costs (professional) $ 1,300,000 Support staff salaries ... $ 160,000 Computer lease payments .... $ 48,000 Office supplies ..... $ 28,000 Office rent $ 63,000 Print Done 3 Data Table .... Organic Foods StarNow.com Direct labor hours 720 hours 70 hours Licensing costs...... $ 2,600 $ 100 Travel costs $ 12,000 $ 0 . Print Done Requirements 1. Compute Pelican Design's predetermined indirect cost allocation rate for the current year. 2. Compute the total cost of each of the two jobs listed. 3. If Pelican Design wants to earn profits equal to 10% of sales revenue, how much (what total fee) should the company charge each of these two clients? 4. Why does Pelican Design assign costs to jobs? Print Done

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Principles Of Accounting Volume 2 Managerial Accounting

Authors: OpenStax

1st Edition

0357364805, 9780357364802

More Books

Students also viewed these Accounting questions