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A professional audit firm charged juniors at $80 per hour, seniors at $300 per hour and the overhead rate for both was 100 per cent
A professional audit firm charged juniors at $80 per hour, seniors at $300 per hour and the overhead rate for both was 100 per cent on direct labour. The firm added 5 per cent on total cost to arrive at a fee to be charged. If a job took 10 junior hours and 4 senior hours, what was the fee charged? Select one: a. $4200 b. $4000 c. $2100 d. $2000
A professional audit firm charged juniors at $80 per hour, seniors at $300 per hour and the overhead rate for both was 100 per cent on direct labour. The firm added 5 per cent on total cost to arrive at a fee to be charged. If a job took 10 junior hours and 4 senior hours, what was the fee charged?
Select one:
a. $4200
b. $4000
c. $2100
d. $2000
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