Maurice Tutor

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About Maurice Tutor

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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: 402 Weeks Ago, 2 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 > Accounting Posted 05 Aug 2017 My Price 9.00

Bob Crachit’

Job costing, service sector Consider the following budgeted data for a client job of Bob Crachit’s accounting firm. The client wants a fixed price quotation.
Direct professional labor
$20,000
Direct support labor
10,000
Fringe benefits for direct labor
13,000
Photocopying
2,000
Telephone calls
2,000
Computer equipment
6,000
Overhead is allocated at the rate of 100% of direct labor cost.
REQUIRED:
A. Prepare a schedule of the budgeted total costs for the client. Show subtotals for total direct labor costs and total costs as a basis for markup.B. Assume that the partner’s policy is to quote a fixed fee at 10% above the total costs. What fee would be quoted?C.Explain why the listed estimates for costs might not be similar to the actual costs for the job. What factors could affect the accuracy of these estimates? List as many factors as you can

Answers

Maurice Tutor
(5)
Status NEW Posted 05 Aug 2017 08:08 PM My Price 9.00

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