21.

Sheridan Company provides financial consulting and sells its own line of financial planners and budgeting products. The company has collected the following data for the next years budgeted activity for a lead consultant and the supplies clerk.

Consultants wages		$91000
Benefits		$30500
Related overhead		$25500
Clerks wages		$18000
Benefits		$6000
Related overhead		$19000
Profit margin per hour		$20
Profit margin on materials		15	%
Total estimated consulting hours		5000
Total estimated material costs		$180000

If a consulting job takes 20 hours of consulting time and $180 of materials, the clients bill would be

$1238.

$1018.

$838.

$1168.