Professional Recruiting provides recruiting consulting services to clients that range from small businesses to large corporations.The budgeted rate charged to customers for consulting per hour is $150.The budgeted overhead for customer-support costs per hour is $32 and the budgeted other direct-cost pool rate is $25 per hour.The budgeted hourly rates charged to jobs are $65 for the consultants and $22 for the assistants.Jobs #786 and #787 for Compudan Manufacturing incurred 60 and 75 hours-respectively.Each job included one consultant and two assistants.The consultant worked 40 hours on Job #786 and 60 hours on Job #787.Required:
a.Identify the cost objects.
b.Determine the costs of each job using budgeted overhead rates.
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