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Data concerning three of the activity cost pools of Salcido LLC, a legal...

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Accounting

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Data concerning three of the activity cost pools of Salcido LLC, a legal firm, have been provided below: Activity Cost Pool Researching legal issues Meeting with clients Preparing documents Total Cost $ 22,730 $ 1,314, 222 $ 94,090 Total Activity 790 research hours 7,553 meeting hours 5,890 documents The activity rate for the meeting with clients activity cost pool is closest to: Multiple Choice $98 per meeting hour $76 per meeting hour $174 per meeting hour $1,314,222 per meeting hour

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