Contract Counsel Occurs When an Attorney in Private Practice Contracts

question 36

True/False

Contract counsel occurs when an attorney in private practice contracts with the government to represent all indigent defendants in a county during a set period of time and for a specified dollar amount.

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Definitions:

Predetermined Overhead Rate

An estimated rate used to allocate manufacturing overhead costs to individual products or job orders based on a specific activity base.

Machine-Hours

A measure of production or work volume that indicates the amount of time a machine has been operating.

Predetermined Overhead Rate

A calculated rate used to allocate indirect costs to products or services, based on estimated or budgeted overhead costs and an allocation base.

Manufacturing Overhead

All indirect costs related to the manufacturing process, such as utilities and salaries for managers.