The following information has been gathered for Catalyst Legal Services for its fiscal year ending December 31: Actual office overhead costs $ 1,275,500 Actual billable
The following information has been gathered for Catalyst Legal Services for its fiscal year ending December 31:
| Actual office overhead costs | $ | 1,275,500 | |
| Actual billable labor hours | 44,600 | ||
| Actual billable labor costs | $ | 3,960,000 | |
| Estimated office overhead costs | $ | 1,080,000 | |
| Estimated billable labor hours | 48,000 | ||
| Estimated billable labor costs | $ | 4,320,000 | |
What is the predetermined office overhead rate per billable labor hour?
Multiple Choice
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$28.60.
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$26.57.
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$22.50.
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$24.22.
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Authors: Steven j. Peterson
2nd Edition
135017114, 978-0135017111
