Wilson and Lewis,a Large Law Firm,utilizes an Internal Centralized Printing

question 62

Multiple Choice

Wilson and Lewis,a large law firm,utilizes an internal centralized printing centre to serve its three departments: Individuals,Corporate,Trust.The costs of the printing department include fixed costs of $69,190 and variable costs of $0.04 per page.Total estimated print pages are estimated to be 330,000 pages.Individuals are estimated to use 130,000; Corporate will use 165,000 and 35,000 from the trust area.
-Refer to the figure.Assuming a single charging rate is used,what would be the charge per page (rounded to the nearest cent) ?

• A)$.04
• B)$.21
• C)$.25
• D)$.75

---

Definitions:

Financial Record

A financial record is documentation of financial transactions and positions of an individual or organization, essential for financial management and accountability.

Receipt

A written acknowledgment that something of value, or a service, has been transferred from one party to another.

Encounter Form

A document used in healthcare settings to record services provided to a patient during a visit, assisting in billing and medical records.

Credit Balances

Situations in financial accounting where a customer has paid more than the total amount due for goods or services, resulting in a surplus in their account.