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Christian's Consulting Service employs 10 full-time consultants and 5 assistants.The direct and indirect costs are applied on a consultant labor-hour basis that includes both the consultants and assistant hours.The following information was reported by the accountant in 2012.
Compute the actual direct-cost rate and the actual indirect-cost rate per professional labor-hour.
Donor
An individual or entity that gives something, often money or goods, without expecting anything in return.
Unconditional
Without any limitations, conditions, or restrictions; absolute.
Valid Gift
A gift that meets all the legal requirements to be considered legally effective and transferred from one person to another.
Adult Donor
An individual of legal age who gives something voluntarily without receiving any compensation.
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