Bilkins Financial Advisors provides accounting and finance assistance to customers in the retail business.Bilkins has four professionals on staff,and an office with six clerical staff.Total compensation,including benefits,for the professional staff runs about $754,000 per year,and it normally has about 8,000 billable hours per year.Professional staff keeps detailed time sheets organized by the client number.The total office and administrative costs for the year is $576,000. Bilkins allocates professional time and office and administrative costs to clients monthly,using allocation rates based on billable hours.During July,Bilkins' professionals spent 36 hours on their client,Soupy Sales.What is the total amount of cost that Bilkins will record for the client for the month? (Round your intermediate calculations to two decimal places.)

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The Answer of Bilkins Financial Advisors provides accounting and finance assistance to customers in the retail business.Bilkins has four professionals on staff,and an office with six clerical staff.Total compensation,including benefits,for the professional staff runs about $754,000 per year,and it normally has about 8,000 billable hours per year.Professional staff keeps detailed time sheets organized by the client number.The total office and administrative costs for the year is $576,000. Bilkins allocates professional time and office and administrative costs to clients monthly,using allocation rates based on billable hours.During July,Bilkins' professionals spent 36 hours on their client,Soupy Sales.What is the total amount of cost that Bilkins will record for the client for the month? (Round your intermediate calculations to two decimal places.)

Bilkins Financial Advisors Provides Accounting and Finance Assistance to Customers