Cheney & Partners, a Quebec-based public accounting partnership, specializes in audit services. Its job-costing system has a single direct-cost category (professional labor and a single indirect-cost pool (audit support, which contains all costs of the Audit Support Department). Audit support costs are allocated to individual jobs using actual professional labor-hours. Cheney & Partners employs 10 professionals to perform audit services. Budgeted and actual amounts for 2014 are as follows: BEE (Click the icon to view the data.) Requirements 1. Compute the direct-cost rate and the indirect-cost rate per professional labor-hour for 2014 under (a) actual costing, (b) normal costing, and (c the variation from normal costing that uses budgeted rates for direct costs. 2. Which job costing system would you recommend Cheney & Partners use? Explain 3. Cheney's 2014 audit of Pierre & Co. was budgeted to take 130 hours of professional labor time. The actual professional labor time spent on the audit was 150 hours. Compute the cost of the Pierre & Co. audit using (a) actual costing, (b) normal costing, and (c) the variation from normal costing that uses budgeted rates for direct costs. Explain any differences in the job cost