A consulting job takes 20 hours of consulting time and $180 of materials. The client's bill would beO $1080.O $1152.O $932.O $752. Oriole Company provides financial consulting and has collected the following data for the next year's budgeted activity for a leadconsultant.Consultants' wages$95000Fringe benefits$12500Related overhead$17500Supply clerk's wages$17000Fringe benefits$4500Related overhead$20000Profit margin per hour$20Profit margin on materials15%Total estimated consulting5000hoursTotal estimated material$166000costs

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Description: A consulting job takes 20 hours of consulting time and $180 of materials. The client's bill would beO $1080.O $1152.O $932.O $752. Oriole Company provides financial consulting and has collected the following data for the next year's budgeted activit

Consulting services refers to the service activity which helps an organization to improve the…

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A consulting job takes 20 hours of consulting time and $180 of materials. The client's bill would be O $1080. O $1152. O $932. $752.

Cornerstones of Cost Management (Cornerstones Series)

4th Edition

ISBN:9781305970663

Author:Don R. Hansen, Maryanne M. Mowen

Publisher:Don R. Hansen, Maryanne M. Mowen

Chapter7: Allocating Costs Of Support Departments And Joint Products

Section: Chapter Questions

Problem 30E: A company uses charging rates to allocate service department costs to the using departments. The...

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