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indirect costs for the upeorming year wil be $440,000. Read then thovirnments 1. What would be the hourfy (cost) rate to kalisely Associates of empiloyng Polete? Idertly the comect formula and compute the hourly rate. Requirements 1. What would be the hourty (cost) rate to kallkolfy Associaten of employing Pollett? 2. If Pollett works on Client 367 lar 12 houm, what direct labor cost wouid be traced to Client 367 ? 3. What is the indirect cost allocation rate? 4. What indirect costs wili be allocated to Clent 302 ? 5. What is the total job cost for Cilent 36 ? ? Requirements 1. What would be the hourly (cost) rate to Killkelly Associates of employing Pollett? 2. If Pollett works on Client 367 for 12 hours, what direct labor cost would be traced to Client 367 ? 3. What is the indirect cost allocation rate? 4. What indirect costs will be allocated to Client 367 ? 5. What is the total job cost for Client 367 ? Keikelly Associates, a law firm, hires Attomey Janette Pollett at an annual salary of $171,000. The law firm expocts her to spend 1,900 hours a year performing legal work for are nssigned to clionts bosed on attorney biling hours. Firm attorneys are expected to work a total of 22,000 direct labor hours this year. Belore the fiocal year begins, Kallikely indirect costs for the upcoming year will be $440,000 Read the requirements. 1. What would be the hourly (cost) rate to Kilkelly Associates of employing Pollett? Identify the correct formula and compute the hourly rate. Requirements 1. What would be the hourly (cost) rate to Krakely Aasociates of em Poleat? 2. IM Polett wodks on Clent 367 lor 12 hours, what dinct labor cosi w traced to Clent 367 ? 3. What is the indirect cost allocation rave? 4. What indirect costs wili be alocaled to Client 367 ? 5. What is the lotal job cost for Clent 3on