Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. 2. zion wants to compute the total cost for prepar

2. Zion wants to compute the total cost for preparing a corporate tax return for...

90.2K

Verified Solution

Question

Accounting

image
2. Zion wants to compute the total cost for preparing a corporate tax return for his client. His labour is the only direct cost at $73 per hour. He estimates monthly overhead costs at $8,700 for 174 direct labour-hours. If the tax return requires 12 hours to prepare, what will be the total direct cost, indirect cost, and job cost, respectively? Amount Total direct cost Total Indirect cost Total job cost

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Finance
1.2K views

What are the drawbacks for a company who does not allocate overhead costs to its products?...

Medical Sciences
1.2K views

For the following two questions, please provide a response of at least one paragraph (and you...

Psychology
1.2K views

Match the defense mechanism with the example. John's grandfather is dying, but as each of his...

Calculus
1.2K views

The conect expression is 3 Type an equation using as the

Accounting
1.2K views

Which of these two financial statements is described as being a "snapshot" of the company's...

Accounting
1.2K views

Please include your calculations. Thanks! Chapter 12 Homework eBook E Print Item Entries for...

Accounting
1.2K views

A company made $42,000 in installment sales in 2021 and will receive payment from customers...

Accounting
1.2K views

Exercise 5-3 The following transactions are for Blossom Company. 1. ...

Accounting
1.2K views

what is the difference between fob shipping point and fob destination

Accounting
1.2K views

On May 1, Year 1, Benz's Sandwich Shop loaned $18,000 to Mark Henry for one...

Accounting
1.2K views

Cari dnemde 21.000 adetlik retimle balayan Forward Co., 8.400 adetlik retimi tamamlam olup, devam eden...

Finance
1.2K views

Explain what is meant by the term Arbitrage and why the idea of markets being...