Barbara Fabry, CPA, pays her new staff accountant, Diane ,
Barbara Fabry, CPA, pays her new staff accountant, Diane ,
Barbara Fabry, CPA, pays her new staff accountant, Diane , asalary equivalent to $30 per hour while Barbara receives a salaryequivalent to $38 per hour. The firm’s predetermined indirect costallocation rate for the year is $18 per hour. Fabry bills for thefirm’s services at 35 % over cost. Assume Barbara works 3 hours andDiane works 17 hours preparing a tax return for MikaylaMcBride.
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