Brianna Jackson is a new staff accountant at Johnson & Associates. She is paid a salary of $ per year and is expected to work hours per year on client jobs. The firm's indirect cost allocation rate is $ per hour. The firm would like to achieve a profit equal to of cost
Convert Brianna's salary to an hourly wage rate for billing purposes.
Calculate the professional billing rate Johnson & Associates would use for billing out Brianna's services.
Convert Brianna's salary to an hourly wage rate for billing purposes.
Select the formula and enter the amounts to compute Brianna's direct labor rate per hour.
tablelabor costs,Direct labor hours,Direct labor rate,$per hour
Calculate the professional billing rate Johnson & Associates would use for billing out Brianna's services. Round all amounts to the nearest cent.
tableProfessional labor cost per hour,$Plus: Indirect cost allocation rate per hour,,Total hourly cost,$Plus:Profit markup,Hourly billing rate for Brianna Jackson,,
