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The following costs for a consultancy firm is anticipated for the coming year: Cost Percentage of cost directly traceable to clients Professional staff salaries $2,550,000

The following costs for a consultancy firm is anticipated for the coming year: Cost Percentage of cost directly traceable to clients Professional staff salaries $2,550,000 80% Administrative support staff $550,000 50% Travel $350,000 95% Photocopying $50,000 95% Other operating costs $200,000 52% Traceable costs are charged directly to individual clients; in contrast, other costs incurred by the firm but not identifiable with specific clients are charged to jobs by using a predetermined overhead rate. What is the firms total anticipated overhead

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