Shepherd and Ford,a CPA firm uses activity-based costing to determine the costs of its cases.Information about costs follow:
The Harrison audit required 80 professional hours,20 of which were partner hours,and labor costs totaled $20,000.How much overhead was assigned to the Harrison audit?
A) $12,400
B) $14,000
C) $6,000
D) $13,600
Correct Answer:
Verified
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