5 FULLY ALLOCATED COSTING RATE
p. pp. 14-16
5 FULLY ALLOCATED COSTING RATE Fully Allocated Costing Rate = Fully Allocated Costs / Billable Hours Fully allocated costing rates will be developed for each employee. The fully allocated costing rate will be applied to the number of emplo...
AI summary The Fully Allocated Costing Rate is calculated by dividing fully allocated costs by billable hours. This rate is applied to employee hours recorded via positive time reporting to determine the amount billed to the Affiliate.