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Optunum Finance Inc. provides budget, savings, and investment services to clients who want a stress tree financial ifestyle. The company customizes a program for each
Optunum Finance Inc. provides budget, savings, and investment services to clients who want a stress tree financial ifestyle. The company customizes a program for each client based on the individual goals that includes budget recommendations, investment counseling, and savings techniques. The company uses a job order cost system that keeps track of the cost of the amount of time financial consultants spend with each client Optimum applies all indirect operating costs (eg.rent, utilities, and management salaries) as a percentage of the consultants labor cost. During the most recent year, the firm estimated that it would pay $275,000 to its consultants and incur indirect operating costs of $343750 Actual consultant labor costs were $295,650 and actual indirect operating costs were 318,750 During the year Optimum provided hours of consulting services to Joan Car for which Optimum pays an average of 13 per hour Whats the total cost of providing services to Joan? Mul Choice c STO $22
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