Homework: Chapter 04 Graded Homework Sa Score:0.78 of 7 pts 3of603 complete) HW Score: 34.51%, 10.35 of 30 E4-22A (similar to) Question Help Amy Leo hired Adier to design her kitchen remodeing. A total of 35 professional hours were incurred on this job. In addition, Adler & Company is an architectural firm specializing in home remodeling for private clients and new office buildings for corporate lents. Adler charges customers at a biling rate equal to 134% of the cien s total b cost. Adients total o cost is Leo's remodeling ob required one o the otessional to travel back and forth to her house or a total o 140 miles The a combination of (1) professional time spent on the client (S68 per hour cost of employing each professional) and (2) operating blueprints had to be copied four times because Leo changed the plans saveral times. In addition, 14 hours of secretarial time overhead allocated to the dlient's job. Adler alocates operating overhead to jobs based on professional hours spent on the job were used ining up the subcontractors for the job. Adler estimates its five professionals will incur a total of 10,000 professional hours working on dient jobs during the year Read the requirements. (Click the icon to view the operating cost information.) Requirement 1. Calculate the current indirect cost allocation rate per professional hour. (Round your answer to the nearest cent.) The current indirect cost allocation rate per professional hour is S 26.70 Requirement 2. Calculate the total amount that would be biled to Leo given the current costing structure Determine the formula, then calculate the amount that would be biled to Leo given the current costing structure. (Round all amounts to the nearest cent.) Total coet of job x Markup percentage Amount billed to dlient Data Table All operating costs other than professional salaries (travel reimbursements, copy costs, secretarial salaries, office lease, and so forth) can be assigned to the three activities. Total actlvity costs, cost drivers, and total usage of those cost drivers are estimated as follows Total Activity Cost Total Usage by Corporate Clients Total Usage by Private Clients Activity Transporation to clients. Blueprint copying Office support Cost Driver $12,000 Round-trip mileage to clients 5,500 miles 9,500 miles 200 copies 800 coples 35,000 Number of copies 220,000 secretarial time 2,200 secretarial hours 2,800 secretarial hours 5 267,000 Total operating overhead Choose from any list or enter any number in the input fields and then click Check Answer PrintDone wer Homework: Chapter 04 Graded Homework Sa Score:0.78 of 7 pts 3of603 complete) HW Score: 34.51%, 10.35 of 30 E4-22A (similar to) Question Help Amy Leo hired Adier to design her kitchen remodeing. A total of 35 professional hours were incurred on this job. In addition, Adler & Company is an architectural firm specializing in home remodeling for private clients and new office buildings for corporate lents. Adler charges customers at a biling rate equal to 134% of the cien s total b cost. Adients total o cost is Leo's remodeling ob required one o the otessional to travel back and forth to her house or a total o 140 miles The a combination of (1) professional time spent on the client (S68 per hour cost of employing each professional) and (2) operating blueprints had to be copied four times because Leo changed the plans saveral times. In addition, 14 hours of secretarial time overhead allocated to the dlient's job. Adler alocates operating overhead to jobs based on professional hours spent on the job were used ining up the subcontractors for the job. Adler estimates its five professionals will incur a total of 10,000 professional hours working on dient jobs during the year Read the requirements. (Click the icon to view the operating cost information.) Requirement 1. Calculate the current indirect cost allocation rate per professional hour. (Round your answer to the nearest cent.) The current indirect cost allocation rate per professional hour is S 26.70 Requirement 2. Calculate the total amount that would be biled to Leo given the current costing structure Determine the formula, then calculate the amount that would be biled to Leo given the current costing structure. (Round all amounts to the nearest cent.) Total coet of job x Markup percentage Amount billed to dlient Data Table All operating costs other than professional salaries (travel reimbursements, copy costs, secretarial salaries, office lease, and so forth) can be assigned to the three activities. Total actlvity costs, cost drivers, and total usage of those cost drivers are estimated as follows Total Activity Cost Total Usage by Corporate Clients Total Usage by Private Clients Activity Transporation to clients. Blueprint copying Office support Cost Driver $12,000 Round-trip mileage to clients 5,500 miles 9,500 miles 200 copies 800 coples 35,000 Number of copies 220,000 secretarial time 2,200 secretarial hours 2,800 secretarial hours 5 267,000 Total operating overhead Choose from any list or enter any number in the input fields and then click Check Answer PrintDone wer