he allocation base for indirect costs. If Baptiste performs: earest cent, and your final answer to the nearest dollar.) DA. $2,157 DB. $7,549 OC. $206,000 O D. $5,150
he allocation base for indirect costs. If Baptiste performs: earest cent, and your final answer to the nearest dollar.) DA. $2,157 DB. $7,549 OC. $206,000 O D. $5,150
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Question 3
![Baptiste Accounting Services expects its accountants to work a total of 31,000 direct labor hours per year. The company's estimated total indirect costs are $150,000. The direct labor rate is $103 per hour. The company uses direct labor hours as
the allocation base for indirect costs. If Baptiste performs a job requiring 50 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the
nearest cent, and your final answer to the nearest dollar.)
O A. $2,157
O B. $7,549
O C. $206,000
O D. $5,150](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F8a986b02-ba6c-4ef1-b256-a9c9c22af021%2F3b7df8fe-1102-4886-bb5a-eecfe9586fe0%2F7xi47w_processed.png&w=3840&q=75)
Transcribed Image Text:Baptiste Accounting Services expects its accountants to work a total of 31,000 direct labor hours per year. The company's estimated total indirect costs are $150,000. The direct labor rate is $103 per hour. The company uses direct labor hours as
the allocation base for indirect costs. If Baptiste performs a job requiring 50 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the
nearest cent, and your final answer to the nearest dollar.)
O A. $2,157
O B. $7,549
O C. $206,000
O D. $5,150
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