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Chico & 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

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Chico & 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). Audit support costs are allocated to individual jobs using actual professional labor-hours. For 2020, budgeted audit support cost $300,000 and 10,000 professional labor hours. During May2020 Chico's audit of Pierre & Co. was budgeted to take 200 hours of professional labor time. 1on Assuming $60 professional labor rate, compute budgeted audit support cost per hour and Compute the normal cost of the Pierre & Co. audit job order

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