HW Score: 0%, 0 of 13 pts Question Help Score: 0 of 1 pt 7 of 13 (0 complete) S19-13 (similar to) Smith Accounting pays Tim Johnson $84,600 per year. Requirements 1. What is the hourly cost to Smith Accounting of employing Johnson? Assume a 45-hour week and a 47-week year. 2. What direct labor cost would be assigned to Client 507 if Johnson works 12 hours to prepare Client 507's financial statements? Requirement 1. What is the hourly cost to Smith Accounting of employing Johnson? Assume a 45-hour week and 47-week year. Select the formula below that Smith Accounting would use to calculate the hourly cost and complete the formula. (Round the hourly cost to the nearest cont.) Hourly cost orrect Choose from any list or enter any number in the input fields and then click Check Answer Check Answer Clear All 1 Part remaining