Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A consulting company employs 5 people who each work an average of 2,000 hours per day. year (incl. normal overtime). The company's total costs are

A consulting company employs 5 people who each work an average of 2,000 hours per day. year (incl. normal overtime). The company's total costs are budgeted at NOK 6,000,000 (incl. Salary to the consultants). Total target turnover is NOK 7,500,000. a) What is the average cost per. hour consultants work on customer assignments? Take the prerequisites you need to answer the question b) What seems to be the price you on average think of invoicing per. hour. Justify your solution.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Auditing Cases An Interactive Learning Approach

Authors: Mark S. Beasley, Frank A. Buckless, Steven M. Glover, Douglas F. Prawitt

3rd Edition

0131494910, 9780131494916

More Books

Students also viewed these Accounting questions