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Carlos Consulting Inc A Consulting Job Takes 20 Hours of Consulting Time and Data

Question 19

Multiple Choice

Carlos Consulting Inc.provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant.  Consultants’ wages $90,000 Fringe benefits $22,500 Related overhead $17,500 Supply clerk’s wages $18,000 Fringe benefits $4,000 Related overhead $20,000 Profit margin per hour $20 Profit margin on materials 15% Total estimated consulting hours 5,000 Total estimated supply costs $168,000\begin{array} { l l } \text { Consultants' wages } & \$ 90,000 \\\text { Fringe benefits } & \$ 22,500 \\\text { Related overhead } & \$ 17,500 \\\text { Supply clerk's wages } & \$ 18,000 \\\text { Fringe benefits } & \$ 4,000 \\\text { Related overhead } & \$ 20,000 \\\text { Profit margin per hour } & \$ 20 \\\text { Profit margin on materials } & 15 \% \\\text { Total estimated consulting hours } & 5,000 \\\text { Total estimated supply costs } & \$ 168,000\end{array} A consulting job takes 20 hours of consulting time and $180 of supplies.The client's bill would be


A) $1,172.
B) $772.
C) $952.
D) $1,100.

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