Question: Please answer requirement 2 only? 1. Compute the direct cost rate and the indirect cost rate per professional labour-hour under a. Actual costing b. Normal

Please answer requirement 2 only? 1. Compute the direct cost rate and

Please answer requirement 2 only?

1. Compute the direct cost rate and the indirect cost rate per professional labour-hour under
a. Actual costing
b. Normal costing
c. Budgeted costing
2. The will for a rich tycoon, Ari Roos, was very complex and took three lawyers at the firm 800 hours each to prepare. What would be the cost of writing this will under each of the costing methods in requirement 1?

with clients. Each of the eight lawyers is expected to work for approximately 2,500 hours a year. Budgeted and actual costs for the year were as follows: (Click the icon to view the budgeted and actual costs.) Budgeted and actual costs costing methods in requirement 1 ? Begin by completing the formulas to calculate the direct and indirect costs under actual costing. (Abbreviation used: qty = quantity.)

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