Keaton $$& Partners is a law firm specializing in labour relations and$$ employee$-$related work. It employs $30$ professionals $(5$ partners and $25$managers$)$ who work directly with its clients. The average budgeted total compensation per professional for the year is $ $97$ comma $500.$ Each professional is budgeted to have $1$ comma $500$ billable hours to clients in for the year. Keaton is a highly respected$$ firm, and all professionals work for clients to their maximum $1$ comma $500$ billable hours available. All professional labour costs are included in a single$$ direct$-$cost category and are traced to jobs on a$$ per$-$hour basis.

All costs of Keaton $$& Partners other than professional labour costs are included in a single$$ indirect$-$cost pool$($legal support$)$ and are allocated to jobs using professional labour hours as the allocation base. The budgeted level of indirect costs for the year is $ $2\mathrm{.}475$ million.

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