A company currently has 30 full-time employees.Actual time for each employee was as follows:
Consumer demand for the company's services is at 100 percent of time available.Each employee receives a salary of $75,000 per year.
What is the total actual indirect cost allocation rate if management believes that clients should be charged for the employees' benefits?
A) $10.00
B) $6.67
C) $30.00
D) $6.00
E) $37.50
Correct Answer:
Verified
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