Optimum Finance Incorporated provides budget, savings, and investment services to clients who want a stress-free...
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Optimum Finance Incorporated provides budget, savings, and investment services to clients who want a stressfree financial lifestyle. The company customizes a program for each client based on their individual goals that includes budget recommendations, investment counseling, and savings techniques. The company uses a job order cost system that keeps track of the cost of the amount of time financial consultants spend with each client. Optimum applies all indirect operating costs eg rent, utilities, and management salaries as a percentage of the consultants labor cost. During the most recent year, the firm estimated that it would pay $ to its consultants and incur indirect operating costs of $ Actual consultant labor costs were $ and actual indirect operating costs were $ During the year, Optimum provided hours of consulting services to Joan Clair for which Optimum pays an average of $ per hour. What is the total cost of providing services to Joan? Multiple Choice $ $ $ $
Optimum Finance Incorporated provides budget, savings, and investment services to clients who want a stressfree financial lifestyle. The company customizes a program for each client based on their individual goals that includes budget recommendations, investment counseling, and savings techniques. The company uses a job order cost system that keeps track of the cost of the amount of time financial consultants spend with each client.
Optimum applies all indirect operating costs eg rent, utilities, and management salaries as a percentage of the consultants labor cost. During the most recent year, the firm estimated that it would pay $ to its consultants and incur indirect operating costs of $ Actual consultant labor costs were $ and actual indirect operating costs were $ During the year, Optimum provided hours of consulting services to Joan Clair for which Optimum pays an average of $ per hour. What is the total cost of providing services to Joan?
Multiple Choice
$
$
$
$
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