Consultants wages $90,000 Fringe benefits $22,500 Related overhead $17,500 Supply clerks wages $18,000 Fringe benefits $4,000 Related overhead $20,000 Profit margin per hour $20 Profit margin on materials 15% Total estimated consulting hours 5,000 Total estimated supply costs $168,000 The labor rate per hour is

a. $42.50. b. $26.00. c. $41.50. d. $46.00.

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