Graber and Johnson, Attorney's at Law, Recently Opened a Law

question 21

Essay

Graber and Johnson, Attorney's at Law, recently opened a law practice in the Northwest. Their goal is to generate a monthly net income of $10,000. They have initially set their billing rate at $150 per hour. Their billable hours in the first month of operations (January) were 150 and in the second month of operations (February), 175 billable hours. The costs incurred at these levels for January and February are given below.
Required:

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Definitions:

Psychological Defense Mechanisms

Unconscious distortions of a person’s perception of reality that reduce stress and anxiety.

Ego

In psychoanalytic theory, the part of the personality that mediates between the desires of the id, the values of the super-ego, and the realities of the external world.

Unconscious Efforts

Activities or processes that occur without conscious awareness or control, influencing behaviors and decisions.

Repression

Psychological defense mechanism in which the person refuses to consciously remember a threatening or unacceptable event, instead pushing those events into the unconscious mind.