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Business, 10.07.2019 08:30 lovemichelle638

The law firm of smith & jones has a staff of 30 lawyers and administrative staff. budgeted total costs of the firm total $4,000,000 of which $2,500,000 is direct-labor costs. assuming that the remaining costs are indirect and direct-labor cost is the allocation base, calculate the budgeted indirect cost rate.

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