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Cray-Z Consultants provides management accounting advice to not-for-profit firms. It employs three levels of consultants, based on experience and education: partner, senior, and associate. When

Cray-Z Consultants provides management accounting advice to not-for-profit firms. It employs three levels of consultants, based on experience and education: partner, senior, and associate. When Cray-Z considers bidding on jobs, it estimates the costs using a set of standardized billing rates. It then adds an estimate for travel, supplies, and so on (referred to as miscellaneous cost ). Next it applies a percentage to the total of consultant cost and miscellaneous cost for general and administrative (G&A) expense. The estimates for each of these elements are shown below:

Partner cost (per hour) $500 Senior cost (per hour) $200 Associate cost (per hour) $90 G&A factor 180%

Required: Rock City Museum (a not-for-profit) has approached Cray-Z for consulting services. The senior partner at Cray-Z estimates that the work will require 55 partner-hours, 210 senior hours,and 850 associate-hours. She estimates miscellaneous costs to be $27,000. What is the estimated cost of the consulting job, based on these estimates?

Partner cost _______________

Senior cost _______________

Associate cost _______________

Miscellaneous cost _______________

Estimated consultant & miscellaneous cost ______________

G&A cost _______________

Estimated costs _______________

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