Elite Stationary Inc. employs 20 full-time employees and 10 trainees. Direct and indirect costs are applied on a professional labor-hour basis that includes both employee and trainee hours. Following is information for 2018:

Budget Actual

Indirect costs $300,000 $400,000

Annual salary of each employee $200,000 $210,000

Annual salary of each trainee $35,000 $40,000

Total professional labor-hours 20,000 dlh 40,000 dlh

What are the budgeted direct-cost rate and the budgeted indirect-cost rate, respectively, per professional labor-hour? (Round the final answers to the nearest cent.)

Question 6 options:

	$135.00; $10.00
	$217.50; $15.00
	$115.00; $10.00
	$200.00; $16.75