Question 2: Job Costing and Activity based Costing Part A: Job Costing Sneider Company is a law firm specializing in corporate and employee issues. It employs 30 specialized employees (5 senior and 25 junior). The average budgeted total compensation per employee for 2021 is $112,000. Each employee is budgeted to have 1,600 billable hours to clients in 2021. All employees work for clients to their maximum 1,600 billable hours available. The company uses a job-costing system according to which a single direct-cost category is used to gather and trace costs to jobs on a per-hour basis. All indirect (i.e., non-labour) costs are pooled in a single indirect-cost department (legal support) and are allocated to jobs using employee labour-hours as the allocation base. The budgeted level of indirect costs in 2021 is $2,500,000. De) Sneider Company is considering bidding on two jobs: i. Litigation work for Paragon, Inc., which requires 130 budgeted hours of employee labor ii. Labor work for a case of a contract-violation for Human, Inc., which requires 150 budgeted hours of employee labor. Estimate the cost for each job.