Principles of Cost Accounting: P9-1 Libby and Sandman, Attorneys-at-Law, provided legal

Principles of Cost Accounting

P9-1 Job Cost Sheet for a Service Business
Libby and Sandman, Attorneys-at-Law, provided legal representation to Williams Equipment, Inc., in a product liability suit. Twenty partner hours and 65 associate hours were worked in defending the company. The cost of each partner hour is $325, which includes partner wages plus overheard based on direct labor cost. The cost of each associate hour is $145, which also includes both wages and overhead. Other costs that can be directly identified with the job are travel ($2,800) and telephone/fax charges ($1,740). The date Williams contracted with Libby and Sandman was May 8, and the defense was successfully completed on December 21. The engagement number is 525.

Prepare a job order cost sheet, in good form, for Williams Equipment, Inc.
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