Data concerning three of the activity cost pools of Brevo LLC, a legal firm, hav
ID: 2508726 • Letter: D
Question
Data concerning three of the activity cost pools of Brevo LLC, a legal firm, have been provided below:
Activity Cost Pools
Total Cost
Total Activity
Researching legal issues
$20,900
550
research hours
Meeting with clients
$154,791
1,053
meeting hours
Preparing documents
$90,400
5,650
documents
The activity rate for the "meeting with clients" activity cost pool is closest to:
$37 per meeting hour
$68 per meeting hour
$147 per meeting hour
$154 per meeting hour
Activity Cost Pools
Total Cost
Total Activity
Researching legal issues
$20,900
550
research hours
Meeting with clients
$154,791
1,053
meeting hours
Preparing documents
$90,400
5,650
documents
Explanation / Answer
activity rate for the "meeting with clients" activity cost poo=Total cost/Total activity
=(154791/1053)
which is equal to
=$147 per meeting hour.
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