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Horton, Reiser, and Associates, a law firm, employs ABC. The following budgeted data for each of the activity cost pools is provided for the year
Horton, Reiser, and Associates, a law firm, employs ABC. The following budgeted data for each of the activity cost pools is provided for the year 20X1. Estimated Expected Use of Activity Cost Pools Overhead Cost Drivers per Activity Researching legal issues $ 31,500 900 research hours 480,000 Preparing legal documents Meeting with clients 1,760,000 30,000 pages 8,800 professional hours During 20X1 the firm worked 660 research hours, 10,000 professional hours, and prepared 25,000 document pages. Instructions: Compute the total ABC rates for each activity cost pool. In your response, list each Activity Cost Pool and its ABC rate. In making your calculations, you may use the following tables: Activity Cost Pool ABC Rates Table (Word Document) or Activity Cost Pool ABC Rates Table (PDF Document) to make your calculations
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