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A local financial consulting firm employs 30 full-time employees The budgeted compensation per employee is $50.000 The annual maximum chargeable time to each clients 1.000

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A local financial consulting firm employs 30 full-time employees The budgeted compensation per employee is $50.000 The annual maximum chargeable time to each clients 1.000 hours Clients always receive their full amount of time. All labour costs are included in a single direct cost category and are traced to jobs on a per hour basis Any other costs are included in a single indirect.com pool, allocated according to professional labour hours Budgeted indirect costs for the year are 51,050,000, and the fem expects to have 60 clients during the coming year What is the budgeted Indirect contrate per hou? S3500 per hour 36000 per hour 517 50 per hour 51050 00 per hour $10 00 per hour

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