This topic contains a solution. Click here to go to the answer

Author Question: Jamal, Kareem, Rashid and Associates are in the process of evaluating its new client services for ... (Read 197 times)

Kikoku

  • Hero Member
  • *****
  • Posts: 540
Jamal, Kareem, Rashid and Associates are in the process of evaluating its new client services for the business consulting division.
∙  Estate Planning, a new service, incurred $190,000 in development costs and employee training.
∙  The direct costs of providing this service, which is all labor, averages $29 per hour.
∙  Other costs for this service are estimated at $410,000 per year.
∙  The current program for estate planning is expected to last for two years. At that time, a new law will be in place that will require new operating guidelines for the tax consulting.
∙  Customer service expenses average $104 per client, with each job lasting an average of 450 hours. The current staff expects to bill 67,500 hours for each of the two years the program is in effect. Billing averages $49 per hour. 

What is the estimated life-cycle operating income for the first two years?
◦ $6,615,000
◦ $1,658,800
◦ $924,400
◦ $734,400


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Kikoku on Mar 6, 2021

amandalm

  • Sr. Member
  • ****
  • Posts: 306
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 30% of students answer this correctly




 

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

Since 1988, the CDC has reported a 99% reduction in bacterial meningitis caused by Haemophilus influenzae, due to the introduction of the vaccine against it.

Did you know?

Medication errors are more common among seriously ill patients than with those with minor conditions.

For a complete list of videos, visit our video library