Question: Requirement 1 . Compute the direct - cost rate and the indirect - cost rate per professional labor - hour for 2 0 2 0

Requirement 1. Compute the direct-cost rate and the indirect-cost rate per professional labor-hour for 2020 under(a) actual costing, (b) normal costing, and(c) the variation from normal costing that uses budgeted rates for direct costs.

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