important

Braden Brothers, Inc. is an architecture firm specializing in high-rise buildings. Its job-costing system has a single direct-cost category (architectural labor) and a single indirect-cost pool, which contains all costs of supporting the office. Support costs are allocated to individual jobs using architect labor-hours. For 2020, budgeted office support cost $1,500,000 and 15,000 Architect labor-hours. During March 2020 Braden Brother's architectural sketches for Champ Tower in Houston was budgeted to take 370 hours of architectural labor time. Assuming $70 architectural labor rate and the markup rate for pricing jobs is intended to produce operating income equal to 25% of total cost. Using normal costing Compute the budgeted total cost and price of the Champ Tower order Select one: a. $37.800 total costs and $47.250 the price of Champ Tower order b. $51,300 total costs and $64 125 the price of Champ Tower order C. $59,400 total costs and $74 250 the price of Champ Tower order d. $48,000 total costs and $60,000 the price of Champ Tower order Braden Brothers, Inc. is an architecture firm specializing in high-rise buildings. Its job-costing system has a single direct-cost category (architectural labor) and a single indirect-cost pool, which contains all costs of supporting the office. Support costs are allocated to individual jobs using architect labor-hours. For 2020, budgeted office support cost $1,500,000 and 15,000 Architect labor-hours. During March 2020 Braden Brother's architectural sketches for Champ Tower in Houston was budgeted to take 370 hours of architectural labor time. Assuming $70 architectural labor rate and the markup rate for pricing jobs is intended to produce operating income equal to 25% of total cost. Using normal costing Compute the budgeted total cost and price of the Champ Tower order Select one: a. $37.800 total costs and $47.250 the price of Champ Tower order b. $51,300 total costs and $64 125 the price of Champ Tower order C. $59,400 total costs and $74 250 the price of Champ Tower order d. $48,000 total costs and $60,000 the price of Champ Tower order