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 Content hidden
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. |