Joleen Harmon,CPA,has two clients and uses a job order cost system.Client A requires 20 hours of partner time and 100 hours of staff time.Client B will use 12 hours of partner time and 75 hours of staff time.Partners are paid $85 an hour and bill support time at 50% of their hourly rate.Staff are paid $25 an hour and bill support time at $20 per billable hour.What is the total charge to each of these clients if profit is added at 20% over cost?

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The Answer of Joleen Harmon,CPA,has two clients and uses a job order cost system.Client A requires 20 hours of partner time and 100 hours of staff time.Client B will use 12 hours of partner time and 75 hours of staff time.Partners are paid $85 an hour and bill support time at 50% of their hourly rate.Staff are paid $25 an hour and bill support time at $20 per billable hour.What is the total charge to each of these clients if profit is added at 20% over cost?

Joleen Harmon,CPA,has Two Clients and Uses a Job Order Cost