Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. in order to create a complete budget for this proj

In order to create a complete budget for this project, you needed to include direct...

50.1K

Verified Solution

Question

Accounting

image

In order to create a complete budget for this project, you needed to include direct and indirect costs. Indirect costs include office rental, utilities, insurance and secretarial salary. Throne Construction is undertaking 5 projects this month, with the Moneybags Garage Project being one of them. Throne Construction Total Project Indirect Cost Type Total Expense for Projects for Current Month Revenue the Current Month Office Rental $3.200 Verhelst Addition $106.300 Utilities $1,950 Hudson Library $65.900 Insurance $780 Secretarial Salary $4,750 Downey Kitchen Reno $40,600 Moneybags Garage $87.000 Forer Shed $18,800 Required: What amount of the current month's indirect costs should be included in the billed out for the Moneybags Garage Project? Show your work

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