Atax accounting firm pays tax preparers $44 per hour. the firm has a predetermined overhead rate of $24 per labor hour. the jones tax return required 2.5 hours to complete. the total cost of this job is $ .

$170

Explanation:

Data provided in the question:

Amount paid to the tax preparers = $44 per hour

Predetermined overhead rate for the firm = $24 per labor hour

Time required by the Jones tax return to complete = 2.5 hours

Now,

Total amount to be paid for 2.5 hours of work = $44 × 2.5

= $110

Total predetermined overhead  = 2.5 × $24

= $60

Therefore,

The total cost for the job

= Total amount to be paid for 2.5 hours of work + Total predetermined overhead

= $110 + $60

= $170

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