1. Business
  2. Accounting
  3. roiann and dennett law office employs 12 fulltime attorneys and...

Question: roiann and dennett law office employs 12 fulltime attorneys and...

Question details

Roiann and Dennett Law Office employs 12 full-time attorneys and 10 paraprofessionals. Direct and indirect costs are applied on a professional labor-hour basis that includes both attorney and paraprofessional hours. Following is information for 2014:

                                                                                                         Budget                  Actual

                Indirect costs $270,000              $300,000

                Annual salary per attorney $100,000              $110,000

                Annual salary per paraprofessional $ 29,000               $ 30,000

                Total professional labor-hours 50,000 dlh          60,000 dlh

What would be the total costs in a normal costing system if 200 professional labor-hours are used?

Solution by an expert tutor
Blurred Solution
This question has been solved
Subscribe to see this solution