Required Information 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] JUR Enterprises provides consulting services throughout California and uses a job-order costing system to accumulate the cost of chent 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 JUR's director of cost management, Brent Dean, anticipates the following costs for the upcoming year. Cost Percentage of Cost Directly Traceable to Clients Professional staff salaries Administrative support staff Travel Photocopying Other operating costs Total $ 2,500,000 300,000 79% 60% 250,000 90% 50,000 90% 100,000 75% 3,200,000 The firm's partners desire to make a $672,000 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, $41,000; administrative support staff, $2,600, travel, $4,500, photocopying, $500; and other operating costs. $1,400. 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 Mfg Project Billing to Martin $ 64.000 < Prex 19 20 of 20 Next >