Maurice Tutor

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About Maurice Tutor

Levels Tought:
Elementary,Middle School,High School,College,University,PHD

Expertise:
Algebra,Applied Sciences See all
Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
Last Sign in: 402 Weeks Ago, 3 Days Ago
Questions Answered: 66690
Tutorials Posted: 66688

Education

  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

Experience

  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 13 Aug 2017 My Price 8.00

Luce & Morgan

Luce & Morgan, a law firm in downtown Jefferson City, is considering opening a legal clinic for middle-and low-income clients. The clinic would bill at a rate of $18 per hour. It would employ law student as paraprofessional help and pay them $9 per hour. Other variable costs are anticipated to be $5.40 per hour, and annual fixed costs are expected to total $27,000.

Required
1. Compute the breakeven point in billable hours.
2. Compute the breakeven point in total billings.
3. Find the new breakeven point in total billings if fixed costs should go up by $2,340.
4. Using the original figures, compute the breakeven point in total billings if the billing rate decreases by $1 per hour, variable costs decrease by $0.40 per hour, and fixed costs go down by $3,600.

Answers

(5)
Status NEW Posted 13 Aug 2017 08:08 PM My Price 8.00

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