Reference no: EM132507976

Question 1: Grimm and Grimmer, PA, a law firm, employs five full-time attorneys and nine paralegals. Budgeted salaries are $80,000 for each attorney and $30,000 for each paralegal. Budgeted indirect costs (rent, secretarial support, copying, etc.) are $150,000. The company uses the cost of attorney and paralegal time as an overhead allocation base to assign indirect costs. If $10,000 of attorney cost and $5,000 of paralegal cost were incurred representing Wild Bill Cortez, calculate how much cost you would assign to servicing that client. Show your work.