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E3-29A (book/static) E Question Help Robert Consulting, a real estate consulting firm, specializes in advising companies on potential new plant sites. The firm uses a job cost system with a predetermined indirect cost allocation rate computed as a percentage of expected direct labor costs. At the beginning of the year, managing partner DeeAnn Robert prepared the following plan, or budget, for the year: ElB Click the icon to view the prepared budget.) Read the requirements Requirement 1 a. Compute Robert Consultings hourly direct labor cost rate. (Round your answer to the nearest whole dollar.) Direct labor rate hour1 Data Table Direct labor hours (professionals) . . . 14,000 hours Direct labor costs (professionals) . . . .$ 2,150,000 Office rent. . . s 290,000 Chase Resources is inviting several consulting firms to bid for work. Robert estimates that this job will require about 210 direct labor hours.

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Answer #1

1-a.compute robert consulting's hourly direct labour cost rate.

direct labor cost / direct labor costs = direct labor rate
2,150,000 / 14,000 = $154 / hour
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