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Goodman and Associates, a law firm, employs ABC. The following budgeted data for each of the activity cost pools is provided for the year 2019.
- Goodman and Associates, a law firm, employs ABC. The following budgeted data for each of the activity cost pools is provided for the year 2019. (19 pts)
Estimated Expected Use of
Activity Cost Pools Overhead Cost Drivers per Activity
Researching legal issues $ 31,500 900 research hours
Preparing legal documents 480,000 30,000 pages
Meeting with clients 1,760,000 8,800 professional hours
During 2019 the firm worked 660 research hours, 10,000 professional hours, and prepared 25,000 document pages.
Instructions
Compute the total overhead applied during 2019.
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