J & Torrey is an advertising agency. The firm uses a job cost system in which each
Question:
J & Torrey is an advertising agency. The firm uses a job cost system in which each client is a different "job." W & Torrey traces direct labor, software licensing costs, and travel costs directly to each job (client). The company allocates indirect costs to jobs based on a predetermined indirect cost allocation rate based on direct labor hours.\ Requirement 1. Compute JJ & Torrey's predetermined indirect cost allocation rate for the current year based on direct labor hours.\ Compute the predetermined indirect cost allocation rate.\ First enter the direct costs for each job, then enter the indirect costs and total cost for the jobs. (Complete all input fields. For accounts
w
JJ & Torrey\ Estimated Cost of \ GoVacation.com and Port Palmer Jobs\ \\\\table[[,,GoVacation.com,\\\\table[[Port Palmer],[Golf Resort]]],[Direct labor,,
rin(x)
,],[710 hours
x
,95,67450,],[]hours
x
,95,The,],[Software licensing costs,,4,5700],[Travel,,\\\\table[[27000]],250],[Total Direc,,\\\\table[[6000]],],[,,100450,5950]]