Multiple Choice Question 76 Sheffield Corp. provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant. Consultants' wages $100000 Fringe benefits $32500 Related overhead $27500 Supply clerk's wages Fringe benefits $17500 $3000 Related overhead $19000 Profit margin per hour $20 15% Profit margin on materials Total estimated consulting hours Total estimated material costs 5000 $158000 A consulting job takes 20 hours of consulting time and $180 of materials. The client's bill would be $1072. $1292. $892. $1220.