What is the total cost of preparing mcbrides tax return

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Question - Lisa, CPA pays her new staff accountant, Nancy a salary equivalent to $28 per hour while Lisa receives a salary equivalent to $41 per hour. The firms predetermined indirect cost allocation rate for the year is $13 per hour. Cassey bills the firm' services at 31% over cost. Assume lisa works 3 hours and Nancy works 17 hours preparing a tax return for Mikayla McBride.

Required -

1. What is the total cost of preparing Mcbrides's tax return?

2. How much will Lisa bill McBride for the tax work?

Reference no: EM133125264

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