Concord, Reiser, and Associates, a law firm, employs ABC. The following Estimated data for each of the activity cost pools is provided for 2022: Activity Cost Pools Researching legal issues Preparing legal documents Meeting with clients Estimated Use of Cost Drivers per Activity $49,680 1,080 research hours 555,900 32,700 pages 1,778,040 8,980 professional hours Estimated Overhead During 2022, the firm worked 840 research hours, 10,180 professional hours, and prepared 26,800 document pages. Compute the total overhead applied during the year 2022. Enter your value without a dollar sign.

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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Concord, Reiser, and Associates, a law firm, employs ABC. The following Estimated data for each of the activity cost
pools is provided for 2022:
Activity Cost Pools
Researching legal issues
Preparing legal documents
Meeting with clients
Estimated Use of
Cost Drivers per Activity
$ 49,680 1,080 research hours
32,700
8,980 professional hours
Estimated
Overhead
555,900
1,778,040
pages
During 2022, the firm worked 840 research hours, 10,180 professional hours, and prepared 26,800 document pages.
Compute the total overhead applied during the year 2022. Enter your value without a dollar sign.
Transcribed Image Text:Concord, Reiser, and Associates, a law firm, employs ABC. The following Estimated data for each of the activity cost pools is provided for 2022: Activity Cost Pools Researching legal issues Preparing legal documents Meeting with clients Estimated Use of Cost Drivers per Activity $ 49,680 1,080 research hours 32,700 8,980 professional hours Estimated Overhead 555,900 1,778,040 pages During 2022, the firm worked 840 research hours, 10,180 professional hours, and prepared 26,800 document pages. Compute the total overhead applied during the year 2022. Enter your value without a dollar sign.
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