70.2K

Verified Solution

Question

Accounting

please do all requirements if you can!
image
image
image
image
image
image
image
Bluebird Design, Inc. is a Web site design and consulting firm. The firm uses a job order costing system in which each client is a different job. Bluebird Design assigns direct labor, licensing costs, and travel costs directly to each job. It allocates indirect costs to jobs based on a predetermined overhead allocation rate, computed as a percentage of direct labor costs. Read the requirements. At the beginning of 2024 , managing partner Sally Simone prepared the following budget estimates: EI: (Click the icon to view the prepared budget.) In November 2024, Bluebird Design served several clients. Records for two clients appear here: (Click the icon to view the records for two clients.) 1. Compute Bluebird Design's direct labor rate and its predetermined overhead allocation rate for 2024 2. Compute the total cost of each job. 3. If Simone wants to earn profits equal to 50% of service revenue, what fee should she charge each of these two clients? 4. Why does Bluebird Design assign costs to jobs? ata table lequirement 1. Compute Bluebird Design's direct labor rate and its predetermined overhead allocation rate for 2024 . (Abbreviation used: OH = overhead.) Begin with the direct labor rate Compute Bluebird Design's predetermined overhead cost allocation rate for 2024 Requirement 2. Compute the total cost of each job First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Enter a "0" for any zero balances.) Requirement 2. Compute the total cost of each job. First, enter the direct costs for each job. Then enter in the indirect costs and compute the total cost for each job. (Enter a "0" for any zero balances

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