! Required information [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: 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, eee Percentage of Cost Directly Traceable to Clients 80% 60% 90% 90% 50% The firm's partners desire to make a $640,000 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 Notice that only 50 percent of JLR's other operating cost is directly traceable to specific client projects. Cite several costs that would be included i this category and difficult to trace to clients. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Direct labor Rent Direct material Top management salaries ? Utilities Depreciation 2 Manufacturing overhead ? Advertising Insurance Notice that 80 percent of the professional staff cost is directly traceable to specific client projects. Cite several reasons that would explain why this figure isn't 100 percent. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) Compensation for attending training sessions ? Consulting fees 1 Compensation for attending firm-wide planning meetings ? Paid vacations Manufacturing overhead ? Product cost ? Completion of general non-client-related paperwork and reports