Baptiste Accounting Services expects its accountants to work a total of 32,000direct labor hours per...
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Accounting
Baptiste Accounting Services expects its accountants to work a total of 32,000direct labor hours per year. The company's estimated total indirect costs are$152,000.The direct labor rate is
$100 per hour. The company uses direct labor hours as the allocation base for indirect costs. If Baptiste performs a job requiring 49 hours of direct labor and bills the client using a standard markup of 40% of costs, calculate the amount of the client's bill. (Round any intermediate calculations to the nearest cent, and your final answer to the nearest dollar.)
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