Jamal, Kareem, Rashid and Associates are in the process of evaluating its new client services...
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Accounting
Jamal, Kareem, Rashid and Associates are in the process of evaluating its new client services for the business consulting division.
EstatePlanning, a newservice, incurred $140,000 in development costs and employee training.
The direct costs of providing thisservice, which is alllabor, averages $32 per hour.
Other costs for this service are estimated at $460,000 per year.
The current program for estate planning is expected to last for two years. At thattime, a new law will be in place that will require new operating guidelines for the tax consulting.
Customer service expenses average $100 perclient, with each job lasting an average of 450 hours. The current staff expects to bill 54,000 hours for each of the two years the program is in effect. Billing averages $50 per hour.
What are estimated lifecycle revenues?
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