Multiple Choice Question 75 Concord Corporation provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant. Consultants' wages $85000 Fringe benefits $22500 Related overhead $17500 Supply clerk's wages $17000 Fringe benefits $3000 Related overhead $21000 Profit margin per hour $20 Profit margin on materials 18% Total estimated consulting hours 5000 Total estimated material costs $164000 The material loading charge is o 43%. 0 61%. O 18%. O 25%