Question
park & Morgan, a law firm is considering opening a legal clinic for middle and low income clients. the clinic will bill at a rate
park & Morgan, a law firm is considering opening a legal clinic for middle and low income clients. the clinic will bill at a rate of$18 per hour. it would employ law students as paraprofessional help and pay them $9 per hour. other variable costs are anticipated to be 5.40 per hour and annual fixed costs are expected to total $27,000
compute the breakeven point in billable hours ________ billable hours
compute the breakeven point in total Billings __________
find the new breakeven point in total Billings if fixed costs should go up by $2,340 ___________
using the original figures, compute the breakeven point in total Billings if the billing rate decreases by $1 per hour, other variable costs decrease by $.40 per hour and fixed costs go down by $3,600 _____________
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