Security posted by a promissory note maker to the lender for repayment of money is known as collateral

Dunby, Inc is a consulting firm that offers optimal legal solutions. It allocates indirect costs using a single predetermined overhead allocation rate with direct labor hours as the allocation base. The estimated indirect costs for this year amount to $160,000. The company is expected to work 6,000 direct labor hours during the year. The direct labor rate is $200 per hour. Clients are billed at 120% of direct labor cost. Last month, Dunby's consultants spent 170 hours on Xyme, Inc What is the predetermined overhead allocation rate per direct labor hour?

A) $800 per hour B) $27 per hour C) $941 per hour D) $30 per hour

List and briefly describe the useful customer service principles discussed in the text

What will be an ideal response?