Solution-What afs should bid on the project

What afs should bid on the project

Reference no: EM132927772

Problem - AFS and associates, a local engineering firm and our client is bidding on a design project for a new client. The total budgeted direct-labor costs for the firm are $400,000. The total budgeted indirect costs are $600,000. It is estimated that there are 8,000 billable hours in total. You have been asked to calculate the budgeted direct-labor cost rate and the budgeted indirect-cost rate assuming direct- labor cost is the allocation base. You have also been asked to determine what AFS should bid on the project if the direct labor hours are estimated at 300 hours.

Reference no: EM132927772

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What afs should bid on the project

Reference no: EM132927772

Reference no: EM132927772

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