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Good afternoon, can someone please assist me! thank you so much in advance. Tummingbind Desigh, inc is a Web sle design and consulting firm. The
Good afternoon, can someone please assist me! thank you so much in advance.
Tummingbind Desigh, inc is a Web sle design and consulting firm. The firm uses a job order beting bysamt in which bach cliont is a different jab. Hummingbird Detign assigns direct labor, Hcenaing costs, and travel cotst directy to each job, il allocales indirect costs to jobs based an. a prodetermined overhead alocation rate, compuled as a percentage of Srect labcr costs. Read the requiroments At the beginning of 2018, managing partner Charfotte Eaton propared the following budget estimates: (Cick the icon to view the propared budget) In November 201artummingbirtDesign sorvod several clionts. Records for two cllents appoar here: (Cick the icob to view the records for swo clients) Begin with the diruct lobor rate. Requirements 1. Compute Hummingbird Design's direct labor rate and its predetermined overhead allocation rate for 2018. 2. Compute the total cost of each job. 3. If Eaton wants to earn profits equal to 20% of service revenue, what fee should she charge each of these two clients? 4. Why does Hummingbird Design assign costs to jobs? Data table Data table Step by Step Solution
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