Problem 3-47 Job-Order Costing in a Consulting Firm (LO 3-1, 3-2, 3-4, 3-8) (The following information applies to the questions displayed below.) JLR Enterprises provides consulting services throughout California and uses a job-order costing system to accumulate the cost of client projects. Traceable costs are charged directly to individual clients, in contrast, other costs incurred by JLR, but not identifiable with specific clients, are charged to jobs by using a predetermined overhead application rate Clients are billed for directly chargeable costs, overhead, and a markup JLR's director of cost management, Brent Dean, anticipates the following costs for the upcoming year Percentage of Cost Directly Traceable to clients BOX 603 $ Professional staff salaries Administrative support staff Travel Photocopying other operating costs Total Cost 2,500,000 300.000 250,000 50,000 100,000 3,200,000 902 50% $ The firm's partners desire to make a $608,000 profit for the firm and plan to add a percentage markup on total cost to achieve that figure In March 10 JR Sompleted work on a project for Martin Manufacturing. The following costs were incurred professional JLR's director of cost management, Brent Dean, anticipates the following costs for the upcoming year. Percentage of Cost Directly Traceable to Clients Professional staff salaries Administrative support staff Travel Photocopying Other operating costs Total 603 Cost $ 2,500,000 300,000 250,000 50,000 100,000 SE,200,000 90x 903 The firm's partners desire to make a $608,000 profit for the firm and plan to add a percentage markup on total cost to achieve that figure On March 10, JLR completed work on a project for Martin Manufacturing. The following costs were incurred. professional staff salaries, $46,000, administrative support staff $3,600, travel, $6,500, photocopying. $1.500, and other operating costs, $2,400 Problem 3-47 Part 4 4. Determine the total cost of the Martin Manufacturing project. How much would Martin be billed for services performed? Total cost of Martin Mig Project Billing to Martin 76 800