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Use the information below to answer the following question(s) .A dental office is in the process of changing their costing system.Their system currently uses a single direct cost pool (professional labour) and a single indirect cost pool (staff support) .The direct categories in the new, refined costing system include:
1.Professional partner labour.Average total annual compensation of the two partners is $100,000; and, each partner has 2,000 hours of budgeted billable time.2.Dental assistant labour.Average total annual compensation of the four assistants is $22,500 each, and each assistant has 2,000 hours of budgeted billable time.3.Office staff.Average total annual compensation of the two staff members is $15,000 each, and each has 2,000 hours of budgeted billable time.The indirect category in the new refined costing system includes professional liability insurance.The budgeted indirect amount is $200,000, and the allocation base is budgeted professional labour hours.The dentist and dental assistants are considered professional labour hours.
-What is the budgeted direct cost rate per hour for professional partner labour?
CAPs
Cyclic AMP Receptor Proteins, which are involved in the regulation of gene expression in response to fluctuations in cellular levels of cyclic AMP.
Activators
Proteins that bind to DNA and increase the rate of transcription, playing a crucial role in gene regulation.
Repressors
Proteins that bind to specific DNA sequences and inhibit the transcription of genes, playing a crucial role in gene regulation.
Inducers
Substances that increase the rate of enzyme activity or gene expression.
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