The Following Information Has Been Gathered for Catalyst Legal Services

question 114

Multiple Choice

The following information has been gathered for Catalyst Legal Services for its fiscal year ending December 31:
$$\begin{array} { l r } \text { Actual office overhead costs } & \$ 1,275,500 \\\text { Actual billable labor hours } & 44,600 \\\text { Actual billable labor costs } & \$ 3,960,000 \\\text { Estimated office overhead costs } & \$ 1,080,000 \\\text { Estimated billable labor hours } & 48,000\\\text { Estrmated billable labor costs } & \$ 4,320,000\end{array}$$
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What is the predetermined office overhead rate per billable labor hour?

• A) $28.60.
• B) $26.57.
• C) $22.50.
• D) $24.22.

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Definitions:

Aegyptopithecus

Aegyptopithecus is an extinct genus of early primates that lived approximately 30 million years ago, considered significant for understanding the evolution of modern primates, including humans.

Dryopithecines

A group of extinct apes known from fossil records, believed to be ancestral to modern great apes and humans, dating to the Miocene epoch.

Hominoids

A group within the order of primates that includes apes and humans, characterized by greater mobility of the shoulder joint and absence of a tail.

Genus Pongo

The taxonomic group that includes the great apes known as orangutans, native to Indonesia and Malaysia.