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What amount of indirect cost would be assigned

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A law firm employs 8 full-time lawyers and 12 paraprofessionals. Budgeted salaries are $400,000 for each attorney and $90,000 for each paraprofessional. Budgeted indirect costs are $856,000. The company traces the cost of attorney and paraprofessional time to each client and uses the total to assign indirect costs.

Problem 1: If services to a client required $25,000 of attorney cost and $20,000 of paraprofessional cost, what amount of indirect cost would be assigned?

Reference no: EM132758787

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