Exercise 2.16 (LO4, 5, 6) Service Company Use of Predetermined Overhead Rate Smith and Baker Legal Services employs five full-time attorneys and nine paraprofessionals. Budgeted salaries are $300,000 for each attorney and $100,000 for each paraprofessional. Budgeted indirect costs (e. g., rent, secretarial support, copying, etc.) are $600,000. The company traces the cost of attorney and paraprofessional time to each client and uses the total to assign indirect costs. Required What amount of indirect cost would be assigned if services to a client required $25,000 of attorney cost and $20,000 of paraprofessional cost

Considered to be a "super tool" or tool that has high use and high potential for improving project success?

If a country is looking to increase economic growth quickly, it should: choose the correct answer from the following choices, and then select the submit answer button. answer choices focus on natural resources and develop physical capital. make investments from domestic savings and adopt new technology. increase spending on human capital and start a new political approach. develop new technologies funded by the public sector.

In each of the cases below, assume division x has a product that can be sold either to outside customers or to division y of the same company for use in its production process. the managers of the divisions are evaluated based on their divisional profits. case a b division x: capacity in units 200,000 200,000 number of units being sold to outside customers 200,000 160,000 selling price per unit to outside customers $ 90 $ 75 variable costs per unit $ 70 $ 60 fixed costs per unit (based on capacity) $ 13 $ 8 division y: number of units needed for production 40,000 40,000 purchase price per unit now being paid to an outside supplier $ 86 $ 74 required: 1. refer to the data in case a above. assume in this case that $3 per unit in variable selling costs can be avoided on intracompany sales. a. what is the lowest acceptable transfer price from the perspective of the selling division? b. what is the highest acceptable transfer price from the perspective of the buying division? c. what is the range of acceptable transfer prices (if any) between the two divisions? if the managers are free to negotiate and make decisions on their own, will a transfer probably take place?