Part B AAA Consulting Ltd provides consulting services throughout Australia and New Zealand. It uses a job costing system to accumulate the cost of client projects. Traceable costs are charged directly to individual clients. Other costs incurred by AAA Consulting Ltd, but not identifiable with specific clients, are charged to jobs by using a pre-determined overhead rate. Clients are billed for directly chargeable costs, overhead, and a mark-up for the profit margin. The budgetary financial information provides the following costs for the coming year: Percentage of cost directly traceable to clients Frofessional staff salaries Administrative support staff Travel Photocopying Other operating costs Total The firm's management wishes to make a $850,000 profit for the firm and plans to add a percentage mark-up on total cost to achieve that figure. AAA Consulting Ltd completed work on a project for a client, BBE Ltd. The following costs were incurred: 5 Professional staff salaries 40,000 Administrative support staff 3,000 5,000 [ Photocopying | 500 | Other operating costs 1,500 Reguired: Show all your workings. i. Determine AAA Consulting Ltd''s total traceable costs for the coming year and the firm's total anticipated overhead. (4 marks) ii. Calculate the predetermined overhead rate, assuming the cost driver is traceable cost. (Show the answer as a percentage & Round to 2 decimals) {2 marks) iii. What will AAA Consulting Ltd's mark-up percentage be to achieve its profit target? {2 marks) iv. Determine the total cost for the BEB Ltd project. {3 marks) v. How much would EEE Ltd be billed for the services performed? (1 mark)