Answer
Indirect-Cost Rate per Hour = 2,475,000$ \div$ (30 professionals $\times $1,500 hours) = 55 per hour
Work Step by Step
Budgeted Indirect Costs$ \div $Budgeted Total Professional Labor Hours
Cost Accounting (15th Edition)
by Horngren, Charles T.; Datar, Srikant M.; Rajan, Madhav V.
Published by
Prentice Hall
ISBN 10:
0133428702
ISBN 13:
978-0-13342-870-4
Chapter 4 - Job Costing - Assignment Material - Problems - Page 144: 4-32(3)
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