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Need help understanding General Overhead rate and Direct Expense rate.

I am trying to determine if i should move forward with an overhead audit. I am trying to determine for formulas for the following items:

general overhead rate

combined overhead rate

and direct expense rate

I have obtained the following information from my accounting software: direct labor cost,indirect labor cost, indirect cost, direct cost. I just want someone to provide the formulas (general overhead rate, combinded overhead rate, and direct expense rate) using the direct and indirect items listed above. Also we have to use AASHOT Uniform Audit and accounting guide and the Florida reimbursement audit guide.

But I really need Information Today!

Skills: Accounting

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About the Employer:
( 10 reviews ) Penscola, United States

Project ID: #10429096

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                                                    prateekmittal16
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prateekmittal16

Hi I am a qualified accountant and have more than 10 years of experience in financial accounting and analysis assignments. I can answer your queries regarding overhead rates

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madhurna

Greetings! I am qualified Accountant, Certified Quickbook ProAdvisor and hold dual degrees in Commerce and Law. I have completed Level II of ICAI (Equivalent to ACCA/CPA) and also a member of the Institute of Company More

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financegur1987

Behind me is more than seven years of experience in the field of Accounting, Finance, Business Management and Economics. I can help you with any of your needs that are related to these topics. I am also profici More

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