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Jace and Associates provides professional consulting services to a variety of clientele in an effort to help them improve the operating effectiveness and profitability
Jace and Associates provides professional consulting services to a variety of clientele in an effort to help them improve the operating effectiveness and profitability of their businesses. The company's accountant established budgeted direct labor hours as its allocation base. The company is considering doing work for a new client. Information concerning the job for the new client is presented here. Budgeted MOH costs at start of year Budgeted direct labor hours at start of year Estimated hours for new client's job Direct labor rate per hour Markup charged on jobs $ 250,000 100,000 $ 45 30.00 60% Determine the budgeted MOH rate, the cost of the job, and how much should Jace bid on this job. Budgeted MOH rate Cost of job Bid on job Per DL hour
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