You are an accountant doing an audit for a law firm. A paralegal worked for a client for 5 hours per day for 3 days. The client was billed $50 per hour, and the paralegal was paid $30 per hour. After the paralegal's wages were paid, what was the amount made by the law firm?

Question

Kassandra Wise

Mathematics

30 November, 05:50

You are an accountant doing an audit for a law firm. A paralegal worked for a client for 5 hours per day for 3 days. The client was billed $50 per hour, and the paralegal was paid $30 per hour. After the paralegal's wages were paid, what was the amount made by the law firm?

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Answers (1)

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Samuel Lutz · Answer 1

Total hours worked = 5 x 3 = 15 hours

Amount collected = 50 x 15 = $750

Amount paid to the paralegal = 30 x 15 = $450

Amount made by the firm = 750 - 450 = $300