Swandito Accounting Firm provides various financial services to organizations and has decided to price its jobs at the total variable costs of the job plus 15 percent. The job for a medium-sized dance club client included the following costs:
Direct materials ............................................................................ $5,000
Direct labour (partners and staff accountants) ........................................ 90,000
Depreciation (using straight-line method) on Swandito's office building .........50,000
Required:
Calculate the price charged by Swandito Accounting to the dance club.