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11 Silver Law Firm provides litigation and mediation services. The company reports the following overhead cost data for the year. It worked on 70 litigation
11 Silver Law Firm provides litigation and mediation services. The company reports the following overhead cost data for the year. It worked on 70 litigation cases and 80 mediation cases during this period. ts kipped Activity Clerical support Facility services client consultations Budgeted Cost $ 63,000 18,600 90,000 Budgeted Activity Usage 360 documents 2,400 billable hours 36 court dates Activity usage for each service follows. eBook Activity Usage Litigation Mediation 192 168 800 1,600 30 6 Activity Cost Driver Documents Billable hours Court dates Total 360 2,400 36 Print Required: 1. Compute an activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit (case) for both litigation and mediation using activity-based costing. Fferences Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute an activity rate for each activity using activity-based costing. (Round "Activity rate" to 2 decimal places.) Budgeted Cost Budgeted Activity Usage Activity Rate Activity Clerical support Facility services Client consultations Silver Law Firm provides litigation and mediation services. The company reports the following overhead cost data for the year. It worked on 70 litigation cases and 80 mediation cases during this period. Activity clerical support Facility services Client consultations Budgeted Cost $ 63,000 18,600 90,000 Budgeted Activity Usage 360 documents 2,400 billable hours 36 court dates Activity usage for each service follows. Activity Cost Driver Documents Billable hours Court dates Activity Usage Litigation Mediation 192 168 800 1,600 30 Total 360 2,400 36 Required: 1. Compute an activity rate for each activity using activity-based costing. 2. Compute overhead cost per unit (case) for both litigation and mediation using activity-based costing. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Compute overhead cost per unit (case) for both litigation and mediation using activity-based costing. (Round "Activity rate" to 2 decimal places.) Activity Rate Allocated Cost Allocate overhead costs to litigation using activity-based costing Activity Activity Usage Clerical support Facility services Client consultations Total allocated cost Units produced (cases) Overhead cost per case $ 0 Activity Rate Allocated Cost Allocate overhead costs to mediation using activity-based costing Activity Activity Usage Clerical support Facility services Client consultations Total allocated cost Units produced (cases) Overhead cost per case $ 0
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