Remmele and little cpas has decided to bid on the audit of

Reference no: EM13601269

Remmele and Little CPA's has decided to bid on the audit of Tanner, Inc. After learning about the new client, they estimated the following:All staff managers and partners are paid on average 30% of the desired client billing rate. Fringe benefits average 30% of pay rate.Other out of pocket costs include supplies, travel,clerical and are fairly accurate.

Staff accountant hours 1500
Manager hours 200
Partner hours 100
Out of pocket costs(Estimate) $10,000

A. If the firm normally marked up nonlabor costs by 20% to arrive at the client fee what should the bid price be?

Reference no: EM13601269

Questions Cloud

What stakeholders might benefi t from the use of : 1. what is the international accounting standards board?2. what stakeholders might benefi t from the use of

Agree or disagree with the statement and explain why a : agree or disagree with the statement and explain why a flexible budget is really a series of static budgets. what

Corporate tax rates vary with the amount of taxable income : corporate tax rates vary with the amount of taxable income. what currentlyis the rangelowest and highest of corporate

Corporation is issuing 153400 of 8 percent five year bonds : corporation is issuing 153400 of 8 percent five year bonds when potential bond investors want a return of 10 percent.

Remmele and little cpas has decided to bid on the audit of : remmele and little cpas has decided to bid on the audit of tanner inc. after learning about the new client they

Next year allgreens expects its sales to reach 33000 with : next year allgreens expects its sales to reach 33000. with an investment in total assets of 10750. net income of 1225

Lion corporation manufactures several types of accessories : lion corporation manufactures several types of accessories. for the year the gloves and mittens line had sales of

Prepare a trial balance as of the end of november be sure : on october 1 2011 santana rey launched a computer services company called business solutions which provides consulting

Varilux manufactures a single product and sells it for 10 : varilux manufactures a single product and sells it for 10 per unit. at the beginning of the year there were 1000 units

User Account

All Pages

Remmele and little cpas has decided to bid on the audit of

Reference no: EM13601269

Reference no: EM13601269

Questions Cloud

Reviews

Write a Review

Accounting Basics Questions & Answers

How much control does fed have over this longer real rate

Coures:- fundamental accounting principles

Accounting problems

Theory of interest - term structure of interest rates

Write a report on internal controls

Prepare the bank reconciliation for company

Cost-benefit analysis

Theory of interest

Liquidity and profitability

What is the expected risk premium on the portfolio

Simple interest and compound interest

Capm and venture capital

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT