Landscape Architects provides landscape consulting services to clients that range from small businesses to large corporations.The budgeted rate charged to customers for consulting per hour is $100.The budgeted overhead for customer-support costs per hour is $45 and the budgeted other direct-cost pool rate is $25 per hour.The budgeted hourly rates charged to jobs are $30 for the architect and $15 for the assistants.Jobs #200 and #201 for Sheridan College incurred 90 and 240 hours-respectively.Each job included one licensed architect and two assistants.The architect worked 12 hours on Job #200 and 60 hours on Job #201.Required:
a.Identify the cost objects.
b.Determine the costs of each job using budgeted overhead rates.
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q79: Use the information below to answer the
Q80: Use the information below to answer the
Q81: General Hospital uses a job-costing system for
Q82: Last week Job # WPP 298 was
Q83: Sedgewick County Hospital uses a job-costing system
Q85: A company currently has 30 full-time employees.Actual
Q86: Copley Enterprises manufactures digital video equipment.For each
Q87: Maddow Manufacturing is a small textile manufacturer
Q88: Professional Recruiting provides recruiting consulting services to
Q89: A wholesale automobile company that buys and
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents