K Part 1 of 6 HW Score: 2.77%, 1.52 of 55 points O Points: 0 of 5 Save Marc and Associates is a recently formed law partnership, Marc and Associates operates at capacity and uses a cost based approach to pingg cost category (for professional labour-hours) and a single indirect cost pool (general support) Indirect costs age allocated to cases in the show the following (Click the icon to view the data using the simple costing system.) Ellery Hanley, the managing partner of Marc and Associates, asks his assistant to collect details on those costs included in the 21.000 After further analysis, Marc and is able to reclassify $14,000 of the $21,000 as direct costs (Click the icon to view the other direct costs data.) Hanley decides to calculate the costs of each case had Marc and used six direct cost pools and a single indirect cost pool. The singe allocated to each case using the professional labour-hours base Required Requirement 1 First determine number.) Required 1. What is the revised indirect cost allocation rate per professional labour-hour for Marc and Associates when total indirect costs are $7,000? 2. Compute the costs of the Widnes and St. Helen's cases if Marc and Associates had used its refined costing system with multiple direct cost categories and one indirect cost pool. 3. Compare the costs of Widnes and St. Helen's cases in requirement 2 with those calculated using the simple costing system. Comment on the results. he te per hour unte wwws Print Done