Question
For Buster & Buster Law Office employs 12 full-time attorneys and 10 paraprofessionals. Direct and indirect costs are applied on a professional labor-hour basis that
For Buster & Buster 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 and data for 2019
Budget Actual
Indirect costs $270,000 $300,000
Annual salary of each attorney $100,000 $110,000
Annual salary of each paraprofessional. $29,000 $30,000
Total professional labor hours. 50,000dlh 60,000dlh
What are the budgeted direct-cost rate and the budgeted indirect-cost rate, respectively, per professional labor-hour?
$27.00; $4.17
$29.80; $5.40
$32.40; $5.00
$27.00; $500
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Income Tax Fundamentals 2013
Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill
31st Edition
1111972516, 978-1285586618, 1285586611, 978-1285613109, 978-1111972516
