13-06Ex_5e_s

Survey of Accounting (Available Titles Cengagenow)

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Exercise 13-6 Name: Section: Score: 0% Answers are entered in the cells with gray backgrounds. Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. ROBERTS AND CHOU, CPAs Professional Labor Cost Budget For the Year Ending December 31, 2010 Staff Partners Audit Department Hours Tax Department Hours Smal Business Accounting Department Hours Total Hours Multiply by average compensation per hour Total professional labor cost Instructions
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Exercise 13-6 Name: SOLUTION Section: Score: See student sheet for student's score Scoring: ON Answers are entered in the cells with gray backgrounds.
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Unformatted text preview: Cells with non-gray backgrounds are protected and cannot be edited. A red asterisk (*) wil appear in the row immediately to the right of an incorrect answer. ROBERTS AND CHOU, CPAs Professional Labor Cost Budget For the Year Ending December 31, 2010 Staff Partners Audit Department Hours 32,400 4,800 Tax Department Hours 24,800 3,100 Smal Business Accounting Department Hours 4,500 630 Total Hours 61,700 8,530 Multiply by average compensation per hour $30.00 $125.00 Total professional labor cost $1,851,000 $1,066,250 Instructions...
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This note was uploaded on 11/04/2011 for the course ACC 121 taught by Professor Thomas during the Winter '08 term at Baker MI.

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13-06Ex_5e_s - Cells with non-gray backgrounds are...

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