Question : 6.Dye and Dye, Attorneys-at-Law, each bill 1,500 hours per year : 1416281

 

6.Dye and Dye, Attorneys-at-Law, each bill 1,500 hours per year and receive pay of $100,000 each.  Four paralegals work for the firm and each receives pay of $40,000 and works 2,000 hours per year. Overhead of $396,000 is anticipated, of which $300,000 is attorney support, and the rest is paralegal support. Determine overhead under each of the following circumstances:

a.A simplified cost approach is used based on hours.

b.A simplified cost approach is used based on payroll dollars.

c.An activity-based costing approach is used.  Attorney support is based on labor costs, and paralegal support is based on hours worked.

7.Listed below are balanced scorecard measure for various companies.  Label each as either Learning and Growth, Internal Business Processes, Customer or Financial.

 

On-time departures

Worldwide Airlines

Percentage of customers retained for next season

Hi-Growth Lawn Care

Drive-through waiting timesBurger Boy Fast Foods

 

Profit marginPorter Company

 

Number of teachers on staff having masters degrees

Central High School

 

Number of customer complaintsTV Cable Company

 

Number of defective products manufactured

Nyso Manufacturing

Percentage of customer accounts collected

City Hospital

 

Rate of table turnover

Neighborhood Chili Parlor

Number of employees receiving five, ten and twenty year service pins

Zimmerman Manufacturing