Asked by Neisha Bethly on May 15, 2024

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A firm received a bill from its accountant for $3,310, representing a combined total of 41 "billable" hours for both the Certified General Accountant (CGA) and her accounting technician, for conducting the firm's audit. If the CGA charges her time at $120 per hour and the technician's time at $50 per hour, how many hours did each work on the audit?

Certified General Accountant

A professional designation for accountants that signifies expertise in financial accounting and strategic management.

Billable Hours

The amounts of an employee's work time that can be charged to a client, typically used in legal and consulting professions.

Accounting Technician

A professional skilled in maintaining and examining financial records, and performing various accounting duties.

  • Apply the concept of time and work to analyze production and operation problems.
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Mircka SuarezMay 17, 2024
Final Answer :
CGA: 18 hours; technician: 23 hours