Fogelin Promotional Services Uses a Job Order System for Costing

question 71

Multiple Choice

Fogelin Promotional Services uses a job order system for costing and billing promotional services for dance and ballet performances. Fogelin has 4 public relations specialists, plus an office staff. At the beginning of 2014, Fogelin estimated the total cost of salaries and benefits for the public relations specialists at $403,200, and a total of 7,200 billable hours for the year. The office and administrative costs were estimated at $676,800. What rate would Fogelin use for the cost of its specialists?

• A)$94 per hour
• B)$150 per hour
• C)$68 per hour
• D)$56 per hour

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Definitions:

Remote Colleagues

Individuals who work together from different geographic locations, often relying on digital communication tools.

Collect Information

The process of gathering data or details from various sources for analysis or use.

Organize Ideas

The process of arranging thoughts or concepts systematically to achieve clarity and improve communication.

Question-And-Answer

A format typically used for information exchange, where questions are posed and answers are provided.