Zimmermann GmbH is an international consulting firm. Its annual budget includes the following for each category of professional labor:

Required
1. Calculate the budgeted direct-cost rate for professional labour (salary and fringe benefits) per hour for (a) directors, (b) partners, (c) associates, and (d) assistants. Use budgeted billable time for clients as the denominator in these computations.
2. Repeat requirement 1. Use the sum of budgeted billable time, vacation and sick leave time and professional development time as the denominator in these calculations.
3. Why are the rates different between requirements 1 and 2? How might these differences affect job costing by Zimmermann GmbH?

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Billable Vacation Unbilled time Average fring time for and sick Professional due to leave development lack of Average eclients Category salary benefits (hours) (hours) hours) demand Director Partner Associate Assistant 1 600 1 600 1 600 1 600 160 160 160 160 240 240 240 240 140000 60000 105000 60000 38000 45000 20000 12000 0 0 0 0