Irvin Associates, a law firm, hires Attorney Amanda Hiller at an annual salary of $207,000. The law
Question:
1. What would be the hourly (cost) rate to Irvin Associates of employing Hiller?
2. If Hiller works on Client 367 for 16 hours, what direct labor cost would be traced to Client 367?
3. What is the indirect cost allocation rate?
4. What indirect costs will be allocated to Client 367?
5. What is the total job cost for Client 367?
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Req 1 Hourly direct labor cost rate 207000 per year 2300 hours per year ...View the full answer
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