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Susan Carlton is a new staff accountant at Alexander & Associates. She is paid a salary of $69,300 per year and is expected to work

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Susan Carlton is a new staff accountant at Alexander & Associates. She is paid a salary of $69,300 per year and is expected to work 2,100 hours per year on client jobs. The firm's indirect cost allocation rate is $26 per hour. The firm would like to achieve a profit equal to 20% of cost. 1. Convert Susan's salary to an hourly wage rate for billing purposes. 2. Calculate the professional billing rate Alexander & Associates would use for billing out Susan's services. 0 1. Convert Ssar's salary to an hourly wage rate for billing purposes Select the formula and enter the amounts to compute Susan's direct labor rate per hour. Direct labor rate per hour

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