2) 4.00 points TB MC Qu. 4-107 Amy Andrews is a CPA who works as a managerial...

Question

2) 4.00 points TB MC Qu. 4-107 Amy Andrews is a CPA who works as a managerial... Amy Andrews is a CPA who works as a managerial accounting consultant for a variety of firms. To determine her hourly rate, Amy uses a cost-plus pricing system, which she updates each year. The hourly cost of her assistant (including taxes and benefits) is $23, the hourly cost of her office space is $4, the hourly cost of her marketing and other overhead materials is $6, and Amy's own hourly salary (again, including taxes and benefits) is $52. Amy adds a 20% premium to her costs. What is her hourly rate using a cost-plus pricing strategy? O $85 O $91 o $102 O $105

Explanation / Answer

Calculation of Amy hourly rate using cost plus pricing strategy Salary inclding other benefits 52 Office assitant cost 23 Office space cost 4 Marketing and other overhead 6 Total cost 85 Plus: Premium on cost 17 Hourly rate 102 Answer

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