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Concord Corporation provides financial consulting and has collected the following data for the next years budgeted activity for a lead consultant. Consultants wages $94000 Fringe

Concord Corporation provides financial consulting and has collected the following data for the next years budgeted activity for a lead consultant.

Consultants wages $94000
Fringe benefits $30500
Related overhead $20500
Supply clerks wages $18000
Fringe benefits $4000
Related overhead $20000
Profit margin per hour $20
Profit margin on materials 15%
Total estimated consulting hours 5000
Total estimated material costs $168000

A consulting job takes 20 hours of consulting time and $180 of materials. The clients bill would be

$1012.

$1232.

$832.

$1160.

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