Quantcast

A community for students. Sign up today!

Here's the question you clicked on:

55 members online
  • 0 replying
  • 0 viewing

GoldRush18

  • 2 years ago

ABC Accounting Services provides general accounting, audit and advisory services to clients. ABC charges clients at the rate of $150 per hour for its services. The overhead charge per hour for job is $40. Clients A and B each incurred 120 hours of accounting services during May. Client A's accounting services were conducted by two senior accountants and one junior accountant each working 40 hours. Client B's consulting was done by four junior accountants each working equal time. The actual cost of each class of accountant is Senior Accountant $75 per hour Junior Accountant $47.50 per hour

  • This Question is Closed
  1. GoldRush18
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 0

    Calculate the total cost of each client job.

  2. hadi.razavi
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    ok. for client A. we have : (2 * senior accountant * working hours)+(1* junior accountant)+120 * 40 = (2 * 75 * 40) + (1 * 47.50 * 40) + 4800 = 6000 + 1900 + 4800 = 12'700 $ income for A is = (120 * 150) - 12700 = 5'300 $

  3. hadi.razavi
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    and for B : (4 * 47.50 * 30) + 120 * 40 = 5700 + 4800 = 10'500 $ income for B is : 120 * 150 - 10500 = 7'500 $

  4. hadi.razavi
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    total cost of each client = paid for accountants + overhead costs

  5. hadi.razavi
    • 2 years ago
    Best Response
    You've already chosen the best response.
    Medals 1

    helo0o0o00o , are you here ?

  6. Not the answer you are looking for?
    Search for more explanations.

    Search OpenStudy
    • Attachments:

Ask your own question

Ask a Question
Find more explanations on OpenStudy

Your question is ready. Sign up for free to start getting answers.

spraguer (Moderator)
5 → View Detailed Profile

is replying to Can someone tell me what button the professor is hitting...

23

  • Teamwork 19 Teammate
  • Problem Solving 19 Hero
  • You have blocked this person.
  • ✔ You're a fan Checking fan status...

Thanks for being so helpful in mathematics. If you are getting quality help, make sure you spread the word about OpenStudy.

This is the testimonial you wrote.
You haven't written a testimonial for Owlfred.