Answer Happy

Elkhardt, a low-cost legal firm, has set time standards for each of the two basic legal services it offers, which include the following: Attorney Time Paralegal Business incorporation 2.60 hours @ $140 per hour 5 hours @ $38 per hour Will preparation 1.70 hour @ $166 per hour 4 hours @ $25 per hour Over the past month, Elkhardt has handled 45 business incorporation nd 30 wills. Actual hours and costs follow: Costs of Attorneys Costs of Paralegals Business incorporation 91 hours @ $142 average attorney cost per hour 126 hours @ $41 average paralegal cost per hour Will preparation' 41 hours @ $198 average attorney cost per hour 92 hours @ $32 average paralegal cost per hour
Calculate the labor rate and labor efficiency variances for attorneys doing business incorporations. (Enter all variances as a positive number.) Labor rate variance $ Labor efficiency variance $ e Textbook and Media Calculate the labor rate and labor efficiency variances for attorneys preparing wills. (Enter all variances as a positive number.) Labor rate variance Labor efficiency variance
Calculate the labor rate and labor efficiency variances for paralegals assisting with business incorporations. (Enter all variances as a positive number.) Labor rate variance $ Labor efficiency variance $ ta e Textbook and Media Calculate the labor rate and labor efficiency variances for paralegals assisting with wills. (Enter all variances as a positive number.) Labor rate variance $ Labor efficiency variance ta