Maurice Tutor

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About Maurice Tutor

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Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 5 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 05 Oct 2017 My Price 7.00

Drake Consulting

Drake Consulting uses a job order costing system, in which each client is a different job. Drake assigns direct labor, daily per diem, and travel cost directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor cost. At the beginning of 2015, the controller prepared the following budget;

Direct Labor Hours Professionals 5,000 hours

Direct Labor Cost Professional $1,000,000

Support Staff Salaries 100,000

Computer Leases 80,000

Office Supplies 20,000

Office Rent 60,000

In November 2015, Drake served several clients. Records for the two clients appear here:

Owen's Trains           Marcia's Cookies

Direct Labor Hours                                          710 hours                        200 hours

Meal per Diem                                                 $2,500                             $600

Travel Costs                                                     $7,000                              $0

Requirement 3

Allocate Indirect Cost          OwenAc€?cs Trains MarciaAc€?cs

____% X _______                   ________

____% X _______                                                 ______

Total Cost                              ________                ________

 

Answers

(5)
Status NEW Posted 05 Oct 2017 10:10 PM My Price 7.00

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