Fogelin Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances.Fogelin has 6 public relations specialists,plus an office staff.At the beginning of 2017,Fogelin estimated the total cost of salaries and benefits for the public relations specialists at $686,800 and a total of 7600 billable hours for the year.All remaining office and administrative costs were estimated at $456,000.The allocation base for office and administrative costs is billable hours.
In June,Fogelin signed a contract for a Russian ballet performance.It estimated it would require 40 hours of specialist time.What is the total cost estimate for this contract?

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The Answer of Fogelin Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances.Fogelin has 6 public relations specialists,plus an office staff.At the beginning of 2017,Fogelin estimated the total cost of salaries and benefits for the public relations specialists at $686,800 and a total of 7600 billable hours for the year.All remaining office and administrative costs were estimated at $456,000.The allocation base for office and administrative costs is billable hours.
In June,Fogelin signed a contract for a Russian ballet performance.It estimated it would require 40 hours of specialist time.What is the total cost estimate for this contract?

Fogelin Promotional Services Uses a Job Order System for Costing