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L & L, CPAs, employs two full-time professional CPAs andfive support employees. Budgeted direct salary costs include$160,000 for each CPA. The support employees are considered asindirect costs, and this cost was budgeted for $200,000 althoughthe actual cost was $225,000. Actual salaries were $155,000 foreach CPA. Direct and indirect costs are applied on a CPA-labor-hourbasis. Total budgeted CPA-labor-hours were 5,000. If a client used500 labor-hours, what are the budgeted direct-cost rate and thebudgeted indirect-cost rate, respectively?

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