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Russel Company is a consulting firm. The firm expects to have $34,400 in indirect costs during the year and bill customers for 4,000 hours. The cost of direct laber is $85 per hour 18. Calculate the predetermined overhead allocation rate for Russel using estimated bllable hours for the allocation bese, 19. Russel completed a consulting job for Sam Gullo and billed the customer for 19 hours. What was the total cost of the consulting job? 20. If Russel wants to earn a profit equal to 50% of the cost of a job, how much should the company charge Mr. Guilo? 18. Calculate the predetermined overhead allocation rate for Russel using estimated billable hours for the allocation base. Russel Compary is a consughy firm. The fim expects to have $34,400 in indrect costs during the year and bilk customers for 4,000 hours. The cost of direet labor is $85 per hour 18. Calculate the predesermined overhead alocalion rate for Russei using estimated bliable hours for the allocation base 19. Russel eompleted a consulting fob for Sam Gullo and bilied the customer for 19 hours. What was the lotai cost of the consulting job? 20. If Russel wants th earn a profit equal to 50% of the cost of a job, how much should the company charge Mr Gulo

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