Question
Littleton Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Littleton has four public relations specialists
Littleton Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Littleton has four public relations specialists and office staff. At the beginning of 2016, Littleton estimated the total cost of salaries and benefits for the public relations specialists at $ 658 comma 000$658,000 and a total of 7 comma 0007,000 billable hours for the year. The office and administrative costs were estimated at $ 392 comma 000$392,000. The allocation base for office and administrative costs is billable hours. A new client is contracting with Littleton to promote a ballet tour in the United States Littleton estimates that the job will require 3838 billable hours of specialist time. If Littleton wishes to have a 2525% mark up on cost on the job, what price should Littleton quote to the client? A. $ 3 comma 572$3,572 B. $ 7 comma 125$7,125 C. $ 2 comma 128$2,128 D. $ 1 comma 425$1,425
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