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Agean Consultancy Service has been asked to quote a price for a contract that will take two weeks to complete. Information relating to staffing for

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Agean Consultancy Service has been asked to quote a price for a contract that will take two weeks to complete. Information relating to staffing for the contract is as follows: 15 35 Grade of staff Hours required Basic rate/hour Manager Senior Analyst 30 28 Junior Analyst 40 18 A shortage of managers means that the necessary staff to undertake the contract would have to be moved from other work that is currently yielding an excess of sales income over staff and other costs of 40 an hour. Senior analysts are currently being paid their normal salaries to undertake work suitable for junior analysts. If the relevant members of staff are moved to work on the contract, junior analysts will have to be employed for the period to replace them. The total relevant cost is &

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