Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

calculating each consultants utilization rate for the QUARTER. number 2 calculate the AVERAGE WEEKLY utilization rate for each consultants. please provide workings for better understanding.

 

calculating each consultants utilization rate for the QUARTER.

number 2 calculate the AVERAGE WEEKLY utilization rate for each consultants.
please provide workings for better understanding.

Utilization Problem (10 total points) 1. The Great-Company Consulting Agency has three consultants currently working for them. You are the consulting practice manager, and you need to calculate each consultant's utilization rate for the quarter. Using the table and data below, calculate each consultant's utilization rate. The Great-Company Consulting Agency bases their calculations for utilization on 2000 hours a year of available, billable time. Hint A quarter does not have 2000 hours. (5 Points) 3 Total Number of Billable Hours 345.8 Quarter 1 1 2015 2015 Consultant's Name Ortense Behl 2015 Vemon Anderson Ruben Kleinschmidt 2. You are the consulting manager for the Great-Company Consulting Agency. You have the following data below. You were asked by your company leadership to calculate the average weekly utilization rate for your consulting team. Below, you'll find the total number of hours (billable and non-billable) last year for each consultant. Using this data, calculate the average weekly utilization rate for each consultant for last year's data. (5 Points) Year Consultant's Name Ortense Behl Vemon Anderson Ruben Kleinschmidt 1500.0 489.1 1800.6 520.0 Total Number Average Weekly Utilization Rate of Billable % Hours 2100.0 Quarter 1 Utilization rate %

Step by Step Solution

3.50 Rating (160 Votes )

There are 3 Steps involved in it

Step: 1

To calculate each consultants utilization rate for the quarter we ... 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

Financial Management for Public Health and Not for Profit Organizations

Authors: Steven A. Finkler, Thad Calabrese

4th edition

133060411, 132805669, 9780133060416, 978-0132805667

More Books

Students also viewed these Accounting questions

Question

Distinguish between a top- down and bottom- up budget process.

Answered: 1 week ago

Question

What are the two major subdivisions of accounting? Explain.

Answered: 1 week ago

Question

1. Describe how culture is like an onion.

Answered: 1 week ago