{"id":23800,"date":"2022-01-09T23:33:38","date_gmt":"2022-01-09T23:33:38","guid":{"rendered":"https:\/\/assignmenttutors.net\/blog\/accounting-hmwk-compute-designs-predetermined-indirect-cost\/"},"modified":"2022-01-09T23:33:38","modified_gmt":"2022-01-09T23:33:38","slug":"accounting-hmwk-compute-designs-predetermined-indirect-cost","status":"publish","type":"post","link":"https:\/\/assignmenttutors.net\/blog\/accounting-hmwk-compute-designs-predetermined-indirect-cost\/","title":{"rendered":"Accounting hmwk compute design&#8217;s predetermined indirect cost"},"content":{"rendered":"<div id=\"\">\n<tr>\n<td colspan=\"9\" width=\"601\"><span>\u00a0Design, Inc., is a web site design and consulting firm.<span>\u00a0 <\/span>The firm uses a job order costing<\/span><\/td>\n<td width=\"64\">\u00a0<\/td>\n<td width=\"64\">\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\"><span>system, in which each client is a different job.<span>\u00a0 <\/span>Widget Design traces direct labor, licensing costs,<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"9\"><span>and travel costs directly to each job.<span>\u00a0 <\/span>It allocates indirect costs to jobs based on a predetermined<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"8\"><span>indirect cost allocation rate, computed as a percentage of direct labor costs.<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"8\"><span>At the beginning of 2011, managing partner Judi Johnson prepared the following budget:<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Direct Labor Hours<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td align=\"right\"><span>10,000<\/span><\/td>\n<td><span>hours<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Direct Labor Costs<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$ 1,400,000 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"3\"><span>Support Staff Salaries<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0 <\/span>170,000 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Computer Leases<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>49,000 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Office Supplies<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>29,000 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Office Rent<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>60,000 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"8\"><span>In November 2011, Widget Design served several clients.<span>\u00a0 <\/span>Records for two clients appear here:<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Dining Coop<\/span><\/td>\n<td colspan=\"2\"><span>Root Chocolates<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Direct labor hours<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>740 hours<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td align=\"right\"><span>65<\/span><\/td>\n<td><span>hours<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"3\"><span>Software licensing costs<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0 <\/span>2,100 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>300 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Travel costs<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0 <\/span>9,000 <\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>&#8211;<span>\u00a0\u00a0 <\/span><\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><strong><span>Deliverables<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span><span>1.<span>\u00a0\u00a0<\/span><\/span><\/span><\/td>\n<td colspan=\"8\"><span>Compute Design&#8217;s predetermined indirect cost allocation rate for 2011.<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span><span>2.<span>\u00a0\u00a0<\/span><\/span><\/span><\/td>\n<td colspan=\"4\"><span>Compute the total cost of each job.<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span><span>3.<span>\u00a0\u00a0<\/span><\/span><\/span><\/td>\n<td colspan=\"8\"><span>If Design&#8217;s inc wants to earn profits equal to 20% of sales revenue, how much (what fee) should<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"4\"><span>it charge each of these two clients?<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span><span>4.<span>\u00a0\u00a0<\/span><\/span><\/span><\/td>\n<td colspan=\"5\"><span>Why does Widget Design assign costs to jobs?<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><strong><span>Deliverable 1<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"5\"><span>The predetermined indirect cost allocation rate =<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>HINT:<\/span><\/td>\n<td colspan=\"7\"><em><span>Do this with a formula showing indirect costs to total direct labor costs<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><strong><span>Deliverable 2<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"8\"><span>First enter in the direct costs for each job.<span>\u00a0 <\/span>Then enter in the indirect costs and total<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>costs for the jobs.<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"8\"><em><span>Make sure to enter &#8220;0&#8221; in the appropriate column.<span>\u00a0 <\/span>Enter percentage amounts as a whole<\/span><\/em><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"6\"><em><span>number.<span>\u00a0 <\/span>Round your answers to the nearest whole dollar.<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"5\"><span>Widget Design, Inc.<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"5\"><span>Estimated Cost of Dining Coop and Root Chocolates Jobs<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>Dining Coop<\/span><\/td>\n<td width=\"64\"><span>Root Chocolates<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"2\"><strong><span>Direct Costs:<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td width=\"64\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span>Direct labor<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td width=\"64\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td width=\"64\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td width=\"64\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"3\"><span>Software licensing costs<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td width=\"64\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>Travel<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"2\"><span>Total Direct Costs<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"2\"><strong><span>Indirect Costs:<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>&#8211;<span>\u00a0\u00a0 <\/span><\/span><\/span><\/td>\n<td width=\"64\"><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td width=\"64\"><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>&#8211;<span>\u00a0\u00a0 <\/span><\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"2\"><strong><span>Total Cost<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>&#8211;<span>\u00a0\u00a0 <\/span><\/span><\/span><\/td>\n<td><span><span><span>\u00a0<\/span>$<span>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 <\/span>&#8211;<span>\u00a0\u00a0 <\/span><\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><strong><span>Deliverable 3<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td colspan=\"7\"><span>Determine the amount Robin Design, Inc. should charge these clients.<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td colspan=\"5\"><em><span>(Round your answers to the nearest whole dollar.)<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td colspan=\"2\"><span>Dining Coop:<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td colspan=\"2\"><span>Root Chocolates:<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><strong><span>\u00a0<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td colspan=\"2\"><strong><span>Deliverable 4<\/span><\/strong><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"7\"><span>Widget Designs, Inc. assigns costs to jobs to help the company<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td colspan=\"2\"><span><span>Assigning costs to:<span>\u00a0<\/span><\/span><\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><em><span>\u00a0<\/span><\/em><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<tr>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td><span>\u00a0<\/span><\/td>\n<td>\u00a0<\/td>\n<td>\u00a0<\/td>\n<\/tr>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>\u00a0Design, Inc., is a web site design and consulting firm.\u00a0 The firm uses a job order costing \u00a0 \u00a0 system, in which each client is a different job.\u00a0 Widget Design traces direct labor, licensing costs, \u00a0 \u00a0 and travel costs directly to each job.\u00a0 It allocates indirect costs to jobs based on a predetermined \u00a0 [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16],"tags":[],"class_list":["post-23800","post","type-post","status-publish","format-standard","hentry","category-education"],"_links":{"self":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/23800","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/comments?post=23800"}],"version-history":[{"count":0,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/posts\/23800\/revisions"}],"wp:attachment":[{"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/media?parent=23800"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/categories?post=23800"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/assignmenttutors.net\/blog\/wp-json\/wp\/v2\/tags?post=23800"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}