LUITVOU. Olupio UVUI Score: 1.19 of 4 pts 7 of 8 (8 complete) HW Score: 88.15%, 22.04 of 25 pts W E4-24A (similar to) Question Help Lambert & Company is an architectural firm specializing in home remodeling for private clients and new office buildings for corporate clients. Lambert charges customers at a billing rate equal to 132% of the client's total job cost. A client's total job cost is a combination of (1) professional time spent on the client ($60 per hour cost of employing each professional) and (2) operating overhead allocated to the client's job. Lambert allocates operating overhead to jobs based on professional hours spent on the inb Lambert estimates its five professionals will incur a total of 10,000 professional hours working on client jobs de (Click the icon to view the operating cost information. i Requirements Ann Laughlin hired Lambert to design her kitchen remodeling. A total of 30 professional hours were incurred on this job. In addition, Laughlin's remodeling job required one of the professionals to travel back and forth to her house for a total of 140 miles. The blueprints had to be copied four times because Laughlin changed the plans several times. In addition, 17 hours of secretarial time were used lining up the subcontractors for the job i Data Requirement 1. Calculate the current ind 1. 2. 3. The current indirect cost allocation rate pe Calculate the current indirect cost allocation rate per professional hour Calculate the total amount that would be billed to Laughlin given the current costing structure. Calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs Calculate the amount that would be billed to Laughlin using ABC costing Which type of billing system is more fair to clients? Explain 8 SO Requirement 2. Calculate the total amou All operatii forth) can estimated 4. 5. Determine the formula then calculate the ate Total cost of job M Activity Print Done $ 2.562.00 Transpora Blueprint copying Requirement 3. Calculate the activity cos 450 copies 550 copies 30 000 Number of copies 215,000 Secretarial time $ 254 000 2.100 secretarial hours 2.900 secretarial hours Office support Enter any number in the edit fields and Total operating overhead Check Answer parts remaining an 11:35 PM 7/14/2021 76F Clear Type here to search me remodeling for private clients and new office ta billing rate equal to 132% of the client's total job nal time spent on the client ($60 per hour cost of ocated to the client's job. Lambert allocates operating ah Lambert estimates its five professionals will incura. Ann Laughlin hired Lambert to design her kitchen this job. In addition, Laughlin's remodeling job req house for a total of 140 miles. The blueprints had several times. In addition, 17 hours of secretarial ti i Requirements They 1. 2. 3. Calculate the current indirect cost allocation rate per professional hour. Calculate the total amount that would be billed to Laughlin given the current costing structure, Calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs Calculate the amount that would be billed to Laughlin using ABC costing. Which type of billing system is more fair to clients? Explain. 4. 5. Print Done opying . 550 copies 450 copies port 30.000 Number of copies 215.000 Secretarial time $ 254.000 2 100 secretarial hours 2.900 secretarial ho ting overhead