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NISA [10]
3 years ago
5

. A small consulting firm has an overhead rate of 160% of direct labor charged to each job. The materials cost (including travel

and other direct costs) for a particular job is $13,500 and the direct labor is $23,500. What is the total job cost for this job?
Business
1 answer:
yanalaym [24]3 years ago
3 0

Answer: The total job cost for this job is: <u>$74 600.</u>

Explanation: The total job cost for this job is given by the sum of Direct materials, Direct labor, and overhead, so we only have to calculate overhead:

Direct materials = $13 500.

Direct labor = $23 500.

Overhead = $23500 x (1,60) = $37 600.

<u>$13500 + $23 500 + $37 600 = $74 600.</u>

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