Cray-Z Consultants provides management accounting advice to not-for-profit-firms. It employs three levels of consultants, based on experience
Question:
Partner cost (per hour) . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 600
Senior cost (per hour) . . . . . . . . . . . . . . . . . . . . . . . . . . . . $ 250
Associate cost (per hour) . . . . . . . . . . . . . . . . . . . . . . . . . $ 75
G&A factor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 150%
Required
Rock City Museum (a not-for-profit) has approached Cray-Z for consulting services. The senior partner at Cray-Z estimates that the work will require 20 partner-hours, 175 senior- hours, and 500 associate-hours. She estimates miscellaneous costs to be $20,000. What is the estimated cost of the consulting job, based on these estimates?
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Related Book For
Fundamentals of Cost Accounting
ISBN: 978-0078025525
4th edition
Authors: William Lanen, Shannon Anderson, Michael Maher
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