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Other Fields Homework Help Economics Topic started by: dxpayne on Nov 4, 2017



Title: A local attorney employs ten full-time professionals. The budgeted compensation per employee is ...
Post by: dxpayne on Nov 4, 2017
A local attorney employs ten full-time professionals. The budgeted compensation per employee is $80,000. The maximum billable hours for each client are 400. Clients always receive their full amount of time. All professional labour costs are included in a single direct cost category and are traced to jobs on a per-hour basis. Any other costs are included in a single indirect cost pool, allocated according to professional labour-hours. Budgeted indirect costs for the year are $400,000 and the firm had 20 clients.

Required:
a.   What is the direct labour budgeted cost rate per hour?
b.   What is the indirect cost pool budgeted cost rate per hour?


Title: Re: A local attorney employs ten full-time professionals. The budgeted compensation per employee is ...
Post by: Munihasen on Nov 4, 2017
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Title: Re: A local attorney employs ten full-time professionals. The budgeted compensation per employee is ...
Post by: dxpayne on Aug 20, 2018
I see. Hmm...

Thanks for confirming, will mark this solved.