Please assist me to answer the following questions.

Question 1 A1 Consulting Services (11165) provides various types of consulting services throughout Fiji. It uses job costing system to accumulate the cost of client projects. Traceable costs are charged directiy to indlviduai clients. Other costs Incurred by AICS, but not identiable with specic clients, are charged to jobs by using a predetermined overhead rate. Clients are billed for directly chargeable costs. overhead and a markup for the prot margin. The following costs have been anticipated for the coming year: Con Percentage of cost directly trace able to clients Professionai staff salaries $3 ODD DUO 35% Administrative support staff EDD ODD 50% Travel 400 EDD 30% Photocopying 90 ODD 90% Other operating costs 200 ODD 75% Total $4 490 mm A1CS's management wishes to make a profit of $1 250 ODD for the firm and plans to add percentage markup on total cost to achieve that figure. On 23 May, AICS completed work on a project for Mango Manufacturing. The following costs were Incurred: Cost Professionai staff salaries $55 000 Administrative support staff 5 000 Travel 6 000 Photocopying 1 no other operating costs 2 EDD Note: If rounding off Is required, round off your figures to 2 d.p. Required: 1. Determine A1CS's total traceable costs for the coming year and the firm's total anticipated overhead. [4 marks} 2. Caicuiate the predetermined overhead rateI assuming the cost driver ls traceable costs. [3 marks) 3. What percentage of cost will A1CS add to each job to achieve Its prot target? [3 marks) 4. Determine the total cost of the Mango Manufacturing project. [5 merits) 5. How much Mango Manufacturing would be billed for the services performed? [5 marital 6. Compare the approach used In requirement 5 with client billing system described In Topic 8. [4 marks) 7. Only 75 per cent of A1CS's other operating cost is dlrectlytraceable to specic client projects. Identify three costs that would be included In other operating costs and would be difficult to trace to clients. {3 merits} a. 85 per cent of the professional staff cost Is directly traceabie to specific client projects. Give two reasons that would explain why this figure isn't 100 percent. l3 marks] Question 2 OMG Engineers Is a consulting firm that provides design and support services for civil engineering projeas. OMG is in the process of preparing a tender for a project Involving the extension of the main highway. The tender Involves assessing the economic and environmental feasibility of each alternative. OMG estimates tender costs by Identifying ail costs that are iikely to be directly associated with the project. To obtain the final tender bid, the total professional [engineering and scientist) labour costs are marked up by 30 per cent, and all other costs are marked up by 50 per cent. These margins are Intended to cover any indirect costs plus provide the required profit margin on the project. The following direct costs has been estimated for the highway project: Input Costs Civil engineers 150 hours 525 000 Envlronmental scientists 100 hours 15 000 Support labour 120 hours 10 000 Travel 1 000 km 1 000 Computer time 80 hours 2 500 Photocopying, phone, fax 500 Required: 1. Estimate the tender bid for the project. IS marks) 2. Estimate the profit on the project if the bid is successful and all costs are incurred as planned. is marks] 3. Once a project has begun. OMG will use a costing system that tracks all direct costs to projects. If the highway bid is successful, how would managers at 0M6 use this Information? (5 marks) Note: If rounding off is required. round off your figures to 2 d.p