Job order cost system and process cost system

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Comment on how a combination of a 'Job Order Cost' system and 'Process Cost' system can be used for Lockhart/Gardner, LLP Law Firm with 100 lawyers to help:

a-Maximize profits

b- Control costs

c- Bill client for services (Law Firms bill on a Fixed Fee or Hourly Basis for Service)

d- Advertise and promote services

e- Determine what areas in the law firm to expand

f- Determine productivity in various areas and by various lawyers for bonuses

g- Determine an appropriate form of billing either by an hourly rate or a fixed fee

Reference no: EM131464715

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