Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A solicitor intends to set up a private law practice. She intends to will work a 40 hour week and has budgeted paying herself a

A solicitor intends to set up a private law practice. She intends to will work a 40 hour week and has budgeted paying herself a total salary of 50,000 per annum. Budgeted cash expenses amount to 29,872. She estimates that after providing for four weeks holidays only 80% of her time worked will be chargeable to clients. A job requiring 10 hours should be costed at: a) 424 b) 487 c) 520 d) 345 e) None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

HR Self Audits A Strategy For Continuous Improvement

Authors: Wynette Harewood, Marilyn Silverman

1st Edition

B0BQXT8R3P, 979-8843293192

More Books

Students also viewed these Accounting questions

Question

What would you do about the verbal homophobic and racial insults?

Answered: 1 week ago