P3.46A Use job costing at a consulting firm (Learning Objectives 3, 4, & 7) Falcon Design is a website design and consulting firm. The firm uses a job cost system in which each client is a different "job." Falcon Design traces direct labor, licensing costs, and travel costs directly to each job (client. It allocates indirect costs to jobs based on a prede- termined indirect cost allocation rate computed as a percentage of direct labor costs. At the beginning of the current year, managing partner Mary Milici prepared the following budget: Direct labor hours (professional) ....... Direct labor costs (professional) 7,500 hours $1,500,000 $ 180,000 Support staff salaries................. . Computer lease payments .............................. Office supplies. ...................... $ 46,000 $ 24,000 Office rent ........................... $ 65,000 Later that same year in November, Falcon Design served several clients. Records for two clients appear here: Dining Treats Talknow.com Direct labor hours. 760 hours 35 hours Licensing costs ........................... $2,700 $150 $ 0 $8,000 Travel costs