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On the tabs are the information, the second tab titled Given 5-21 is the information that needs to be put into the first tab titled
On the tabs are the information, the second tab titled Given 5-21 is the information that needs to be put into the first tab titled 5-21
Student Name: Class: Problem 5-21 Wood Grain Technology HOBART, EVANS, AND NIX Computations 1) 1. Research & Documents predetermined overhead rate: Estimated overhead cost Estimated amount of allocation base Per hour Litigation predetermined overhead rate: Estimated overhead cost Estimated amount of allocation base Direct attorney cost (as percentage) 2) 2. Overhead cost applied to case 418-3: Research & Documents overhead applied Litigation overhead applied Total overhead cost 3) 3. Total cost of case 418-3: Departments Research & Documents Litigation Research & Documents Litigation Legal forms and supplies Direct Attorney Cost Overhead cost applied Total cost 4) 4. Under- or overapplied overhead: Departments overhead cost incurred Departments overhead cost applied: Underapplied (or overapplied) overhead Total Given Data P05-21: HOBART, EVANS, AND NIX Department Research & Litigation Documents Estimates, beginning of year: Research-hours Direct attorney-hours Legal forms & supplies Direct attorney cost Department overhead cost Case 418-3: Research-hours Direct attorney-hours Legal forms & supplies Direct attorney cost Actual data for all jobs during year: Research-hours Direct attorney-hours Legal forms & supplies Direct attorney cost Department overhead cost 24,000 9,000 $16,000 $450,000 $840,000 18,000 $5,000 $900,000 $360,000 26 7 $80 $350 114 $40 $5,700 26,000 8,000 $19,000 $400,000 $870,000 15,000 $6,000 $750,000 $315,000Step by Step Solution
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