Data Table Pelican Design, Inc. is a Web site design and consulting firm. The firm uses a job order costing system each client is a different job. Pelican Design assigns direct labor, licensing costs, and travel costs job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as pared the following budget est s for two clients appear he 10,000 hours Direct labor hours (professionals) Direct labor costs (professionals) 1,400,000 Support staff salaries Computer leases Office supplies Office rent Ri Requirements 297,000 41,000 22,000 60,000 ation Be1. Compute Pelican Design's direct labor rate and its predetermined overhead allocation rate for 2018 Compute the total cost of each job. If Adessa wants to earn profits equal to 20% of service revenue. What fee should she charge each of these two clients? 2. 3. Co4. Why does Pelican Design assign costs to jobs? Data Table Print Done Requiremen Dining Coop White Chocolates First, enter the direct costs for each job. Then enter in the indirect costs and compute the total 200 hours Direct labor hours Software licensing costs Travel costs 800 hours 1,500 6,000 Pelican Design, Inc. S 400 Choose from any list or enter any number in the input fields and then continue to the next q Pelican Design, Inc is a Web site design and consulting firm. The firm uses a job order costing system in which At the beginning of 2018, managing partner Holly Adessa prepared the following budget estimates each client is a different job. Pelican Design assigns direct labor, licensing costs, and travel costs directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs Click the icon to view the prepared budget) In November 2018, Pelican Design served several clients. Records for two clients appear here: EEB (Click the icon to view the records for two clients.) Read the requirements. Requirement 1. Compute Pelican Design's direct labor rate and its predetermined overhead allocation rate for 2018, (Abbreviation used: OH overhead.) Begin with the direct labor rate Direct labor rate per hour Compute Pelican Design's predetermined overhead cost allocation rate for 2018. -Predetermined OH cost allocation rate Requirement 2. Compute the total cost of each job First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Enter a "0" for any zero balances.) Pelican Design, Inc. Pelican Design, Inc. is a Web site design and consulting firm. The firm uses a job order costing system in which At the beginning of 2018, managing partner Holly Adessa prepared the following budget estimates each client is a different job. Pelican Design assigns direct labor, licensing costs, and travel costs directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. (Click the icon to view the prepared budget.) In November 2018, Pelican Design served several clients. Records for two clients appear here: (Click the icon to view the records for two clients.) Read the requirements. Pelican Design, Inc. Estimated Cost of Dining Coop and White Chocolates Jobs White Dining Coop Direct Costs hrs. x hrs. x Total Direct Costs Allocated Indirect Costs Choose from any list or enter any number in the input fields and then continue to the next question CICk tne icon to View tne records Tor two clents.) Read the requirements Total Direct Costs Allocated Indirect Costs: Total Costs Requirement 3 If Adessa wants to earn profits equal to 20% of service revenue, what fee should she charge each of these two clients? Dining Coop White ChocolatesS Requirement 4. Why does Pelican Design assign costs to jobs? Pelican Design assigns costs to jobs to help the company that cover all costs and contribute to profit Assigning costs to also can help Pelican Design control costs
