QUESTION ANSWER $2,320 SI,520 Thompson Company is a consulting firm and applies indirect overhead costs based on billing hours. The firm expects to have $7,700 in indirect costs during the year and bill customers for 700 hours. The cost of direct labor is $60 per hour. Thompson Company completed a consulting job for Joe Lock and billed the customer for 20 hours. What was the total cost of the consulting job? $1,500 $1,420 I DON'T KNOW YET