Question
pays Ryan JohnsonRyan Johnson $ 99 comma 000$99,000 per year. Assume that Blake'sBlake's accountantsaccountants are expected to work a total of 6 comma 0006,000 direct
pays
Ryan JohnsonRyan Johnson
$ 99 comma 000$99,000
per year. Assume that
Blake'sBlake's
accountantsaccountants
are expected to work a total of
6 comma 0006,000
direct labor hours in
20182018.
Blake'sBlake's
estimated total indirect costs are
$ 408 comma 000$408,000
and the allocation base used is direct labor hours.Read the requirements
LOADING...
.
Requirement 1. What is
Blake'sBlake's
predetermined overhead allocation rate?
|
| / |
| = | Predetermined overhead allocation rate |
|
| / |
| = |
|
Requirement 2. What indirect costs will be allocated to Client 507 if
Ryan JohnsonRyan Johnson,
an
accountantaccountant
at
Blake AccountingBlake Accounting,
works
1010
hours to prepare the
financial statementsfinancial statements?
|
| x |
| = | Indirect costs allocated |
|
| x |
| = |
|
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Corporate Finance Core Principles and Applications
Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe, Bradford
3rd edition
978-0077971304, 77971302, 978-0073530680, 73530689, 978-0071221160, 71221166, 978-0077905200
