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A professional engineering firm determines the fees to charge its clients based on the followings: $50 per direct labor of junior staff. $150 per direct
A professional engineering firm determines the fees to charge its clients based on the followings: $50 per direct labor of junior staff. $150 per direct labor hour of senior staff. Overhead rate of 110% applied based on direct labor cost. the firm adds 20 per cent on total cost to arrive at a fee to be charged. what fee will the firm charge client Y if 12 hours are spent of preparing a bid where 10 junior staff hours and 2 senior staff hours are used?
- $792
- $2016
- $960
- $1680
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