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Robin Design is an interior design firm. The firm uses a job cost system in At the beginning of the current year, managing partner Sarah

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Robin Design is an interior design firm. The firm uses a job cost system in At the beginning of the current year, managing partner Sarah Munro which each client is a different job." Robin Design traces direct labor prepared the following budget licensing costs, and travel costs directly to each job (client). It allocates indirect costs to jobs based on a predetermined indirect cost allocation rate Click the icon to view the prepared budget.) computed as a percentage of direct labor costs. Later that same year in November, Robin Design served several clients. Records for two clients appear here: Click the icon to view the records for two clients.) Read the requirements Requirement 2. Compute the total cost of each of the two jobs listed First enter in the direct costs for each job, then enter in the indirect costs and total cost for the jobs. (Complete all input fields. For accounts with no balance, make sure to enter "O" in the appropriate cell. Enter percentage amounts as a whole number. Round your answers to the nearest whole dollar.) Robin Design Estimated Cost of Fancy Food and SunTime.com Jobs Fancy Food Sun Time.com Direct Costs hours hours YAN Data Table 10,000 hours --- $ 1,400,000 $ 170,000 Direct labor hours (professional) Direct labor costs (professional) Support staff salaries Computer lease payments .. Office supplies. Office rent. .... $ 49,000 $ 29,000 $ 60,000 x Data Table Fancy Food Sun Time.com Direct labor hours. 760 hours 65 hours 3,000 $ 100 Licensing costs . . . . . . . $ Travel costs ...... $ 7,000 $ 0 1. Compute Robin Design's predetermined indirect cost allocation rate for the current year. 2. Compute the total cost of each of the two jobs listed. 3. If Robin Design wants to earn profits equal to 30% of sales revenue, how much (what total fee) should the company charge each of these two clients? 4. Why does Robin Design assign costs to jobs

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