Modeling Your Consulting Practice Rates (15 total points) Consultant Name Pam Rickford Eric Malone Bill Hoper Gerry Manley Betsy Lange Travis Brown Andrea Rexin Grear Consulting Company's Consultant and Rate Structure Role Rate Hour Application Consultant $175 Development Consultant $175 Application Consultant $150 Development Consultant $150 Development Consultant $150 Application Consultant $125 Application Consultant $125 1. What is the average rate (5 Points)? 2. Great Consulting Company calculates their consults year based upon 2080 available hours. Within this in mind, how many hours do they have available to bill total for the year given their current staff? (5 Points) I 3. If they were all 70% utilized this year, what would be the total hours billed? (5 Points