Peterson Partners, a management consulting firm, has the following condensed budget for 2020: (Click the icon to view the condensed budget.) Peterson has a single direct-cost category (professional labor) and a single indirect-cost pool (client support). Indirect costs are allocated to jobs on the basis of professional labor costs. Read the requirements Requirement 1. Identify the components of the overview diagram of the job-costing system. Calculate the 2020 budgeted indirect-cost rate for Peterson Partners. Begin by identify the components of the overview diagram of the job-costing system. A D Data table Revenues Total costs: Direct costs Professional labor $6,000,000 $ 21,000,000 Indirect costs Client support 13,110,000 19,110,000 $ 1,890,000 Operating Income Print Done