Question 10 LifeStyle Office employs 13 full-time attorneys and 5 paraprofessionals. Direct and indirect costs are applied on a professional labor- hour basis that includes both attorney and paraprofessional hours. Following is information for 2019: Budget Actual Indirect costs Annual salary of each attorney Annual salary of each paraprofessional Total professional labor-hours 40,000 dlh What are the actual indirect-cost rate, per professional labor-hour? 43 $300,000 $110,000 $30,000 $350,000 $150,000 $ 40,000 50,000 dih
Question 10 LifeStyle Office employs 13 full-time attorneys and 5 paraprofessionals. Direct and indirect costs are applied on a professional labor- hour basis that includes both attorney and paraprofessional hours. Following is information for 2019: Budget Actual Indirect costs Annual salary of each attorney Annual salary of each paraprofessional Total professional labor-hours 40,000 dlh What are the actual indirect-cost rate, per professional labor-hour? 43 $300,000 $110,000 $30,000 $350,000 $150,000 $ 40,000 50,000 dih
Chapter1: Financial Statements And Business Decisions
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Transcribed Image Text:Question 10
LifeStyle Office employs 13 full-time attorneys and 5 paraprofessionals. Direct and indirect costs are applied on a professional labor-
hour basis that includes both attorney and paraprofessional hours. Following is information for 2019:
Budget
Actual
Indirect costs
Annual salary of each attorney
Annual salary of each paraprofessional
Total professional labor-hours
40,000 dlh
What are the actual indirect-cost rate, per professional labor-hour?
43
$300,000
$110,000
$30,000
$350,000
$150,000
$ 40,000
50,000 dih
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