M = Final Exam - Word FILE HOME INSERT DESIGN PAGE LAYOUT REFERENCES MAILINGS REVIEW VIEW Times New Ro 12 ' Aa ALT Paste Clipboard B I U abe X, x A-aly TE Normal No Spac... Heading 1 Font Paragraph Styles AaBbCcDc AaBbCcDc AaBbC AaBb ? Microsoft account Find c Replace Select F Editing Heading 2 Question 3 Michael and Gabitel is a law firm that specialising in writing wills. Its Job-costing system has one direct cost pool, professional labour and a single indirect cost pool that includes all supporting costs of running the law office. The support costs are allocated to clients on the basis of professional labour hours. In addition to the two senior partners at MG. There are six associates who work directly with clients. Each of the eight lawyers is expected to work for approximately 2500 hours per year. Budgeted and actual cost for 2021 were Budgeted professional labour costs $2.100.000 Budgeted support costs 2.000.000 Actual Professional labour costs 1.320.000 Actual support costs 2.400.000 25.000 hours Actual total professional hours Compute the direct cost and indirect cost rate per professional labour hour under: 1. Actual costing 2. Normal costing PAGE 3 OF 3 430 WORDS De ENGLISH (CANADA) E W 6:13