Billable professional staff salaries = $ 4,000,000
Overhead = $8,000,000
Totalcosts = 12,000,000
Overhead costs:
Secretarialcosts = 1,500,000
Staffbenefits = 2,750,000
Officerent = 1,250,000
Telephone/Mailingcosts = 1,500,000
Unbilled staffsalaries = 1,000,000
Totalcosts = 8,000,000
I divided 8,000,000 by 4,000,000 to get 2....is that correct
Then, how to calculate the costs using the application rates?