A local engineering firm is bidding on a design project for a new client. The total budgeted direct-labor costs for the firm are $800,000. The total budgeted indirect costs are $1,200,000. It is estimated that there are 16,000 billable hours in total. Required:a. What is the budgeted direct-labor cost rate?b. What is the budgeted indirect-cost rate assuming direct-labor cost is the allocation base?c. What should be the engineering firm bid on the project if the direct labor hours are estimated at 500 hours?
A local engineering firm is bidding on a design project for a new client. The total budgeted direct-labor costs for the firm are $800,000. The total budgeted indirect costs are $1,200,000. It is estimated that there are 16,000 billable hours in total. Required:a. What is the budgeted direct-labor cost rate?b. What is the budgeted indirect-cost rate assuming direct-labor cost is the allocation base?c. What should be the engineering firm bid on the project if the direct labor hours are estimated at 500 hours?
发布时间:2025-06-23 04:01:59