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Data concerning the activities of Legal Eye, LLC, a law firm, have been provided below: Activities Estimated OH Cost Expected Activity Researching legal issues $27,750
Data concerning the activities of Legal Eye, LLC, a law firm, have been provided below:
Activities | Estimated OH Cost | Expected Activity |
Researching legal issues | $27,750 | 750 research hours |
Meeting with clients | $1,102,050 | 6,975 meeting hours |
Preparing documents | $31,920 | 2,280 documents |
Legal Eye uses activity-based costing. The company needs to estimate the cost of a client job that is expected to require $20,500 of professional labor costs, 125 research hours, 8 meeting hours, and 65 documents. How much of the total estimated job cost is related to the 8 hours of meeting time?
$910
$1,264
$4,625
$6,799
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