Graber and Johnson,Attorney's at Law,recently Opened a Law Practice in the Northwest.Their

Essay

Graber and Johnson,Attorney's at Law,recently opened a law practice in the Northwest.Their goal is to generate a monthly net income of $10,000.They have initially set their billing rate at $150 per hour.Their billable hours in the first month of operations (January)were 150 and in the second month of operations (February),175 billable hours.The costs incurred at these levels for January and February are given below.