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Question 22 of 25 0.5 Points Grand law firm employs 30 full-time professionals, The budgeted annual compensation per employee is $81,000. The average chargeable time
Question 22 of 25 0.5 Points Grand law firm employs 30 full-time professionals, The budgeted annual compensation per employee is $81,000. The average chargeable time is 390 hours per client annually. All professional labor costs are included in a single direct-cost category and are allocated to jobs on a per hour basis. Other costs are included in a single indirect-cost pool, allocated according to professional labor hours. Budgeted indirect costs for the year are 5600,000, and the firm expects to have 40 clients during the coming year. What is the budgeted indirect-cost rate per hour? O A $19.27 per hour B. $28.10 per hour C. 565.37 per hour D. $38.46 per hour Reset Selection
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