Data table The average budgeted total compensation per professional for 2020 is $117,000. Each professional...

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Data table The average budgeted total compensation per professional for 2020 is $117,000. Each professional is budgeted to have 1,800 billable hours to clients in 2020 . All professionals work for clients to their maximum 1,800 billable hours available. All professional labor costs are included in a single direct-cost category and are traced to jobs on a per-hour basis. All costs of Lewis \& Associates other than professional labor costs are included in a single indirect-cost pool (legal support) and are allocated to jobs using professional labor-hours as the allocation base. The budgeted level of indirect costs in 2020 is $2,385,000. The cost estimates for the Richardson, Inc. job, which requires 75 budgeted hours of professional labor and for the Punch, Inc. job, which requires 130 budgeted hours of professional labor are as follows: Data table The average budgeted total compensation per professional for 2020 is $117,000. Each professional is budgeted to have 1,800 billable hours to clients in 2020 . All professionals work for clients to their maximum 1,800 billable hours available. All professional labor costs are included in a single direct-cost category and are traced to jobs on a per-hour basis. All costs of Lewis \& Associates other than professional labor costs are included in a single indirect-cost pool (legal support) and are allocated to jobs using professional labor-hours as the allocation base. The budgeted level of indirect costs in 2020 is $2,385,000. The cost estimates for the Richardson, Inc. job, which requires 75 budgeted hours of professional labor and for the Punch, Inc. job, which requires 130 budgeted hours of professional labor are as follows

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