Prepare an analysis of actual versus budgeted revenues, consultant expenses, and margins using the additional information supplied in Exhibit 4.

Exhibit 4 Line of Business Budget and Actual Operating Statistics: Q2 2000

	Contract	Solutions	Total
Actual Number of consultants (FTE)	64	49	113
Billed hours	24,000	15,000	39,000
Billed revenues	$1,344,000	$1,920,000	$3,264,000
Hours supplied	28,800	22,050	50,850
Consultant costs	$1,036,800	$992,250	$2,029,050
Budget Number of consultants (FTE)	56	49	105
Billed hours	20,160	15,750	35,910
Billed revenues	$1,088,640	$2,143,260	$3,231,900
Hours supplied	25,200	22,050	47,250
Consultant costs $756,000 $992,250 $1,748,250