pays her new staff$$ accountant, Hannah$,$ a salary equivalent to $ $25$ per hour while Sarah receives a salary equivalent to $ $40$ per hour. The$$ firm's predetermined indirect cost allocation rate for the year is $ $12$ per hour. Haymeyer bills for the$$ firm's services at $30\%$ over cost. Assume Sarah works $5$ hours and Hannah works $10$ hours preparing a tax return for Michelle Meckfessel.

$1.$ What is the total cost of preparing Meckfessel$\text{'}$s tax$$ return?

$2.$ How much will Sarah bill Meckfessel for the tax$$ work?

Question content area bottom

Part $1$

$1.$ What is the total cost of preparing Meckfessel$\text{'}$s tax$$ return?

Enter the direct and indirect costs for preparing Meckfessel$\text{'}$s tax return.

Direct Cost: Sarah's time

hrs$.$

$\backslash$times

Direct Cost: Hannah's time

hrs$.$

$\backslash$times

Total Direct Cost:

Indirect Cost:

hrs$.$

$\backslash$times

Total cost of preparing tax return

Part $2$

$2.$ How much will Sarah bill Meckfessel for the tax$$ work?

Enter the profit markup and the amount to bill Meckfessel. $($Round your answer for profit markup to the nearest whole$$ dollar.$)$

Total cost of preparing tax return

Plus profit markup:

$\backslash$times

$\%$

Amount to bill Meckfessel