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Analyze the cost to be billed for a client in normal costing

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Elite Stationary employs 20 full-time employees and 10 trainees. Direct and indirect costs are applied on a professional labor-hour basis that includes both employee and trainee hours. Following is information for 2018:

                                                               Budget                   Actual

Indirect costs                                 $300,000            $400,000

Annual salary of each employee          $200,000            $210,000

Annual salary of each trainee                $35,000             $40,000

Total professional labor-hours                 20,000 dlh          40,000 dlh

Problem 1: Analyze the cost to be billed for a client in a normal costing system when 1,000 professional labor -hours are used?

Reference no: EM132945584

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