finnierunners2
finnierunners2
13.02.2021 • 
Mathematics

Brianna Adam is a new staff accountant at Alexander ​& Associates. She is paid a salary of $65,000 per year and is expected to work 2,500 hours per year on client jobs. The​ firm's indirect cost allocation rate is$26 per hour. The firm would like to achieve a profit equal to 15​% of cost. 1.Convert Brianna​'s salary to an hourly wage rate for billing purposes.
2.Calculate the professional billing rate Alexander ​& Associates would use for billing out ​Brianna's services.
2. Calculate the professional billing rate Alexander ​& Associates would use for billing out Brianna ​'s services. ​(Round all amounts to the nearest​ cent.)
Professional labor cost per hour
26
Plus:
Indirect cost allocation rate per hour

Total hourly cost

Plus:
Total expected hours

Hourly billing rate for Brianna Adam

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