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Job order costing and consulting for Mackenzie Consulting

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Job order costing, consulting

Mackenzie Consulting computes the cost of each consulting engagement by adding a portion of firmwide support costs to the labor cost of the consultants on the engagement. The support costs are assigned to each consulting engagement using a cost driver rate based on consultant labor costs. Mackenzie Consulting's support costs are $5 million per year, and total consultant labor cost is estimated at $2.5 million per year.

A. What is Mackenzie Consulting's support cost driver rate?
B. If the consultant labor cost on an engagement is $25,000, what costs will Mackenzie Consulting compute as the total cost of the consulting engagement?

Read more: Homework Questions - 3-23 Job order costing, consulting Mackenzie Consulting computes - JustAnswer http://www.justanswer.com/homework/245a6-3-23-job-order-costing-consulting-mackenzie-consulting-computes.html#ixzz1HF3QSIGg

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The expert examines job order costings and consulting for Mackenzie consulting..

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