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mapter 3 Question 3, S3-14 (similar to) Part 1 of 5 HW Score: 23.08%, 2.31 of 10 points Points: 0 of 1 Save Coleman
mapter 3 Question 3, S3-14 (similar to) Part 1 of 5 HW Score: 23.08%, 2.31 of 10 points Points: 0 of 1 Save Coleman Associates, a law firm, hires Attorney Anita Green at an annual salary of $126,500. The law firm expects her to spend 2,300 hours a year performing legal work for clients. Indirect costs are assigned to clients based on attomey billing hours. Firm attorneys are expected to work a total of 12,000 direct labor hours this year. Before the fiscal year begins, Coleman estimates that the total indirect costs for the upcoming year will be $180,000. Read the requirements 1. What would be the hourly (cost) rate to Coleman Associates of employing Green? Identify the correct formula and compute the hourly rate. Hourly rate total indirect costs for the upcoming year will be $180,000. Read the requirements. 1. What would be the h Identify the correct form Requirements 1. What would be the hourly (cost) rate to Coleman Associates of employing Green? 2. If Green works on Client 367 for 21 hours, what direct labor cost would be traced to Client 367? 3. What is the indirect cost allocation rate? 4. What indirect costs will be allocated to Client 367? 5. What is the total job cost for Client 367? Print Done - X
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