omework: Chapter 5 Score: 0 of 20 pts 30#6 (0 complete) Hw Score: 0%, 0 of 150 pts P5-30 (similar to) Question Hep Wigan Associates is a recently formed lawr partnership Adam Hayes, the managing partner of Wigan Associates, hasjnt nished a tense phone call with Phil Lopez, president of Pamer Coal Lopez strongly complained about the price Wigan charged for some legal work done for Palmer Coal Requirements 1. Why is i important for Wigan Asseclates to understand the costs associated with individual jobs? 2. Compute the costs of the Palmer Coal and St. Jane's Glass jobs using Wigan's simple costing system More Ino Hayes also received a phone call from its only other cient (St Jane's Glass) which was very pleased with both the quality of the work and the price charged on ts most recent job Wigan Associates operates at capacity and uses a cost-based approach to pricing (billing) each job wilth a single drect-cost category ndeec, o pool (general support) Indeed costs are alocated to cases on basis of professional labor hours per cane The job Sles show the folowing Requirement 1 . iportant for wigan Associates to understand the costs associated wth ndida,abs? O A. Operating at or above capacity for the company lowers overal costs to indlividual jobs B. Picing decisions we heavey-uenced by reported cost "umbers O C. Overstafing any job would be detrimental to the company's bottom line O D. All of the above t uses a simple abor-hours) and a Palmer Coal 110 hours Professional labor costs at Wigan Associates are $75 an hour Indirect costs are St. Jane's Glass 100 hours alocated to cases at $110 an hour Total indirect costs in the most recent period were $23 100 Click to select your answer and then click Check Answer Pint Done parts