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Exercise 17-24 (Algo) Activity-based costing for a service provider LO P4 Silver Law Firm provides litigation and mediation services. The company reports the following
Exercise 17-24 (Algo) Activity-based costing for a service provider LO P4 Silver Law Firm provides litigation and mediation services. The company reports the following overhead cost data for the year. It worked on 50 litigation cases and 55 mediation cases during this period, Activity A Clerical support Facility services client consultations Budgeted Activity Usage Budgeted Cost $ 67,500 16,800 375 documents 2,400 billable hours 72,800. 28 court dates C Activity usage for each service follows. Activity Usage Activity Cost Driver Litigation Documents 200 Mediation 175 Total 375 Billable hours 900 1,500) Court daten 23 5 2,400 28 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. Check my work
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