Calculate the following:

1. 2020 Total Revenue = ?

2. 2020 Total Costs = ?

3. 2020 Profit = ? (before taxes)

4. What is Peter's Utilization Rate?

5. What is Martha's Utilization Rate?

6. What is the 2020 Labor Multiplier Factor (LMF) for the company? Is this factor within a typical range for consulting engineering firms?

You are the owner of a very small consulting engineering company called California Dreamin' Engineering and Associates, LLC. Your accountant (Mary) has compiled the annual 2020 profit/loss data and overhead cost details: CALIFORNIA DREAMIN' ENGINEERING AND ASSOCIATES LLC. 2020 PROFIT/LOSS DATA NAME TITLE CLIENT BILLING RATE ANNUAL SALARY DIRECT LABOR HOURS INDIRECT LABOR HOURS Martha Principal Engineer $250 $158,600 900 1180 Peter Associate Engineer $190 $118,160 1700 380 Paul Project Engineer $150 $98,560 1960 120 Acct and Admin Mary $102,000 400 1680 $60 2020 CALIFORNIA DREAMIN' - OVERHEAD COSTS PAYROLL BURDEN 2020 Expense Holiday $ 19,200 Vacation $ 26,150 Group Health Insurance 28,000 $ $ Dental Insurance 6,200 Life Insurance $ 18,000 Worker's Comp Insurance $ 5,000 Education Reimbursement $ 23,000 Professional dues and licenses $ 2,530 401-K Match $ 28,000 Pension $ 12,300 Payroll taxes (Social Security and Medicare) $ 22,300 INDIRECT LABOR Accounting $ 25,600 Marketing $ 21,500 Office Management $ 8,000 Administrative (non-project) $ 33,000 Other $ 11,000 GENERAL AND ADMIN (G&A) Office rent 142,000 $ $ Automobile rent 26,000 Equipment leases $ 12,000 Supplies $ 2,500 Professional liability insurance $ 19,000 Professional services $ 6,300 Bank loan interest Other taxes Misc. $ $ $ 11,000 26,000 52,000