Please Do PARTS 3-7

Thomas Design is an interior design firm. The firm uses a job cost system in which each client is a different job. Thomas Design traces direct labor licensing costs, and travel costs directly to each job (client). It allocates indirect costs to jobs based on a predetermined indirect cost allocation rate computed as a percentage of direct labor costs. At the beginning of the current year, managing partner Joselina Miracle prepared the following budget: View the prepared budget. Read the requirements. Requirements 1. Compute Thomas Design's predetermined indirect cost allocation rate for the current year. 2. Compute the total cost of each of the two jobs listed. 3. If Thomas Design wants to earn profits equal to 30% of sales revenue, how much (what total fee) should the company charge each of these two clients? 4. Why does Thomas Design assign costs to jobs