Question
PLEASE HELP! I have got 6 different answers from Chegg and they have all been wrong The partners of Mason and Hutton, attorneys-at-law, decide to
PLEASE HELP! I have got 6 different answers from Chegg and they have all been wrong
The partners of Mason and Hutton, attorneys-at-law, decide to implement an activity-based costing system for their firm. They identify the following three cost pools and budgeted amounts for each for the coming year: fringe benefits, $450,000; paralegal support, $250,000; and research support, $650,000. It is determined that the best cost driver for fringe benefits is professional labor dollars ($1,460,000); paralegal support is partner labor hours (4,000); and research support is professional labor hours (20,000).
A client, Jim Adams, requires 10 partner labor hours and 25 professional associate hours from Mason and Hutton, the law firm. Partners are paid $125 per hour, and associates make $60 per hour.
Compute the cost of the Adams' job. Round your interim calculations to two decimal places and your final answer to the nearest cent. (THE ANSWER IS NOT $4,195.20,$4652.50, or $462.33 or $2290 or $2750 or $3,921.25 or $1902.5) This is my 5th question on chegg and I still havent got the right answer.
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