PLEASE ANSWER ALL THE REQUIREMENTS AND SHOW ALL WORK FOR THUMBS UP! THANK YOU!

Bruschi Associates is a recently formed law partnership. Whitney Haberman, the managing partner of Bruschi Associates, has just finished a tense phone call with Paul Parker, president of Parker Enterprises. Paul strongly complained about the price Bruschi charged for some legal work done for his company. (Click the icon to view additional information.) Read the requirements. Requirement 1. Why is it important for Bruschi Associates to understand the costs associated with individual jobs? A. Operating at or above capacity for the company lowers overall costs to individual jobs. B. Pricing decisions are heavily influenced by reported cost numbers. C. Overstaffing any job would be detrimental to the company's bottom line. D. All of the above. More info Haberman also received a phone call from Bruschi's only other client, Marble Inc., which was very pleased with both the quality of the work and the price charged on its most recent job. Bruschi Associates operates at capacity and uses a cost-based approach to pricing (billing) each job. Currently it uses a simple costing system with a single direct-cost category (professional labor-hours) and a single indirect-cost pool (general support). Indirect costs are allocated to cases on the basis of professional labor-hours per case. The job files show the following: Professional labor costs at Bruschi Associates are $220 an hour. Indirect costs are allocated to cases at $105 an hour. Total indirect costs in the most recent period were $525,000. Requirements 1. Why is it important for Bruschi Associates to understand the costs associated with individual jobs? 2. Compute the costs of the Parker Enterprises and Marble Inc. jobs using Bruschi's simple costing system