Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Mira allocates office and administrative costs to clients monthly, using a predetermined overhoad alocation rate based on billable hours During July Mra's professionais spent 37
Mira allocates office and administrative costs to clients monthly, using a predetermined overhoad alocation rate based on billable hours During July Mra's professionais spent 37 hours on their client, Riley Sales. Mira adds a 20% markup on its costs to cakcufate the amount billed to the customer. How much should the company charge Riley Sales for the month of July? (Round your intermodiate calculations to the nearest cent, and your firal answer to the nearest dolar) Mira Financial Advisors provides accounting and finance assistance to customers in the retail business. M clerical staff. Total compensation, including benefits, for the The professional staff keep detailed time sheets organized by dlient number. The total office and administrative costs for the year are $573,000 Mira has four professionals on staff, plus an office with si A $6,071 OB $7,285 o c. $1329,000 OD. $183,000
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started