Compute the cost of the Pierre & Co. audit under each of the three methods. (a) Actual (b) Normal (c) Variation of Cost of Pierre audit: Costing Costing Normal Costing Direct-costs 8,060 $ 8,060 $ 8,525 6,510 6,665 6,665 Indirect-costs 14,570 $ 14,725 $ 15,190 Total job costs All three costing systems use the actual professional labor time of 155 hours. The budgeted 140 hours is not used in job costing The actual costing figure of $ actual indirect-cost rate of $ 14,570 is less than the normal costing figure of $ 14,725. This is because the 42 is less than the budgeted indirect-cost rate of $ 43 The normal costing figure of $ the actual direct-cost rate of $ the variation of normal costing figure of $ the budgeted direct-cost rate of $ This is because Data table Chico & Partners Budget for 2017 Professional labor compensation Audit support department costs Professional labor-hours billed to clients Actual results for 2017 Audit support department costs Professional labor-hours billed to clients Actual professional labor cost rate Print Done $990,000 $774,000 18,000 hours $735,000 17,500 hours $52 per hour