Hebert & Co. CPAs anticipates that partners will bill 2,000 professional hours, managers will bill 7,500 professional
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Hebert & Co. CPA’s anticipates that partners will bill 2,000 professional hours, managers will bill 7,500 professional hours and staff accountants will bill 25,000 professional hours. Salary rates are $100, $60 and $30 for partners, managers and staff accountants, respectively. What is Hebert & Co.’s budgeted professional labor cost?
a. $2,185,000
b. $2,070,000
c. $2,500,000
d. $1,400,000
Related Book For
Cost Accounting A Managerial Emphasis
ISBN: 978-0133392883
6th Canadian edition
Authors: Horngren, Srikant Datar, George Foster, Madhav Rajan, Christ
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