Question: Nova Consulting estimates its consultants will work 25,000 direct labor hours per year. The company's projected total indirect costs are $320,000. The direct labor rate

Nova Consulting estimates its consultants will work 25,000 direct labor hours per year. The company's projected total indirect costs are $320,000. The direct labor rate is $95 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Nova performs a job requiring 32 hours of direct labor, what is the total job cost? Help

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Locate the financial statements and related disclosure notes of FedEx Corporation for the fiscal year ended May 31, 2017. You can locate the report online at www.fedex.com. Use the information...

Neptune Accounting Services expects its accountants to work for 2 8 , 0 0 0 direct labor hours per year. The company's estimated total indirect costs are $ 2 2 0 , 0 0 0 . The direct labor rate is $...

Neptune Accounting Services expects its accountants to work for 26,000 direct labor hours per year. The company's estimated total indirect costs are $224,000. The direct labor rate is $70 per hour....

Neptune Accounting Services expects its accountants to work for 28,000 direct labor hours per year. The company's estimated total indirect costs are $237,000. The direct labor rate is $70 per hour....

answer both 11) Saturn Accounting Services expects its accountants to work a total of 30,000 direct labor hours per 11) year. The company's estimated total indirect costs are $150,000. The direct...

Cole Accounting Services expects its accountants to work for 24,000 direct labor hours per year. The company's estimated total indirect costs are $280,000. The direct labor rate is $70 per hour. The...

Neptune Accounting Services expects its accountants to work for 24,000 direct labor hours per year. The company's estimated total indirect costs are $231,000. The direct labor rate is $65 per hour....

This Question: 3 pts10 of 55( complete)This Test: 150 pts possible Baptiste Accounting Services expects its accountants to work a total of 33,000 direct labor hours per year. The company's estimated...

Baptiste Accounting Services expects its accountants to work a total of 33,000 direct labor hours per year. The company's estimated total indirect costs are $152,000. The direct labor rate is $100...

Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year. The company's estimated total indirect costs are $153,000. The direct labor rate is $103...

Baptiste Accounting Services expects its accountants to work a total of 30,000 direct labor hours per year. The company's estimated total indirect costs are $155,000. The direct labor rate is $102...

Assume that you are working on the audit of a small company and are examining purchase invoices for the presence of a received stamp. The omission of the stamp is thus a deviation. The population is...

Find the future value of an investment of $123 000 made today for 6 years and paying 11.5 per cent for the following compounding periods: a. b. quarterly. continuous.

4. Which conditional jump instruction is equivalent to the JNA instruction?

You invested $4,500 in a mutual fund exactly 39 months ago when the NAV of the fund was $31.80. You have not acquired or sold any shares since that time. However, the fund paid a special distribution...