Micha Smith is a young attorney who has decided to leave her current employer and set up her own law practice. She has prepared the following monthly cost estimates:

Micha would like to earn $3,300 a month and feels that she will be able to bill 150 hours of her time per month to clients.
Required:
a. Assuming that Micha is correct in her estimates, what fee per hour should Micha charge her clients?
b. At the fee calculated in (a), what would Micha earn in a month in which her time charged to clients was only 100 hours? Assume that all costs are fixed.

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Salary of legal secretary Office rent and utilities Other costs 53,000 1,200 1,500 $5,700 Total cost