Question regarding the mackinzie consulting

Assignment Help Accounting Basics
Reference no: EM13256768

Mackinzie Consulting computes the cost of each consultingengagment by adding a portion of firmwide support costs to thelabor costs of the consultants on the engagment. The support costsare assigned to each consulting engagment using a cost driver ratebased on consulting labor costs. Mackinzie Consulting's supportcosts are $5 million per year, and total consultant labor cost isestimated at $2.5 million per year.

Questions:

What is Mackinzie Consulting's support costdriver rate?

If the consultant labor cost on an engagment is $25,000, whatcost will Mackinzie Consulting compute as the total costs of theconsulting engagment?

Reference no: EM13256768

Questions Cloud

What is the slope of the cml : You estimate that a passive portfolio invested to mimic the S&P 500 stock index yields an expected rate of return of 13% with a standard deviation of 25%.
The client for raising business capital : Assume that you are financial advisor to a business. Describe the advice that you would give to the client for raising business capital using both debt and equity options in today's economy.
Dollar impact on three components of the accounting equation : Angel Corporation acquired a trenching machine costing$25,000 by making a $5,000 down payment and financing the remainderwith the bank at 10% for 4 years. What is the net dollarimpact on three components of the accounting equation?
What is difference in angle between load voltage and current : a. A load consumes 150kW with a power factor pf = 0.7 (lagging). If the load current is 240A (RMS), find the load voltage. b. An industrial plant has an inductive load which consumes 10kW of power from a 220VRMS line.
Question regarding the mackinzie consulting : Mackinzie Consulting computes the cost of each consulting engagment by adding a portion of firmwide support costs to thelabor costs of the consultants on the engagment.
Write a research paper outlining possible career paths : Write a research paper outlining possible career paths in the field of Human Resources Management (HRM) and based upon independent research discuss how different organizations might develop and implement a strategic HRM plan.
What is sara average tax rate : Sara is a single tax payer with taxable income of$52,000. If the tax tables had 10% tax on the first $8,000 oftaxable income, 15% on income above $8,000 but less than 34,000,and 25% on income over $34,000 What is Sara's average tax rate?
What is the peace of the community : The chiefs agreed that for the permanence of the state the house of the Cocoms [leader] should exercise the chief authority. They ordained that within the enclosure there should only be temples and residences of the chiefs.
Determine the net free energy for the reaction : Based on the energetics of microbial growth, write a balanced equation for the fermentation of sucrose to methane. Assume that nitrate is available as the nitrogen source for cell synthesis

Reviews

Write a Review

Accounting Basics Questions & Answers

  Determine the intrinsic mva of division

Given growth rate of 5%, determine the intrinsic MVA of each division. What is the intrinsic MVA of each division if growth is instead 6%?

  Example of an assets historical cost

Most companies use historical cost to value property, plant, and equipment assets. What components make up historical cost? Provide an example of an asset's historical cost.

  Estimated fixed cost element of power cost

At the high level of activity in November, 7,00 machines hours were run and power cost were $12,000. In April, A month of low activity 2,000 machine hours were run and power costs amounted to $6,000. Using the high-low, the estimated fixed cost el..

  What amount of the net operating loss may maple corp use

Maples Corp., whose outstanding stock is worth $4 million, has a net operating loss carryforward of $1 million. Maples is owned 45 percent by Alan and 55 percent by Cline, who are otherwise unrelated.

  Computing company ending inventory

Hay Company had January 1 inventory of $100,000 when it adopted dollar-value LIFO. During the year, purchases were $600,000 and sales were $1,000,000. December 31 inventory at year-end prices was $126,500, and the price index was 110. What is Hay ..

  Measuring the existing compensation plan

Critically evaluate the existing compensation plan and recommend any changes.

  Net present value of the proposed project

The company requires a minimum pretax return of 12% on all investment projects. The net present value of the proposed project is closest to:

  Prepare a chronological list of the investments cash

Compute the investment's net present value, rounding calculations to the nearest dollar.

  Completing the consolidated workpaper

P sold merchandise to S during the year in the amount of $30,000. $10,000 worth of inventory is still on hand at the end of the year with an unrealized profit of $4,000. The separate company statements for P and S appear in the first two columns o..

  Sold land and subsidiary for a gain

Parent sold land to its subsidiary for a gain in 2007. The subsidiary sold the land externally for a gain in 2010. Which of the following statements is true?

  Amount of income tax expense as a separate item

Provincial Inc. reported the following before-tax income statement items: Provincial has a 30% income tax rate. Provincial would report the following amount of income tax expense as a separate item in the income statement:

  Financial reporting which is based on coso framework

Prepare Friday's audit report that was submitted to Kim's board of directors 2011 and 2010 comparative financial statements. Kim is a public company.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd