Q12-1: An accounting consultant is paid a salary of 80,000 per annum and his employer pays up to of 18% of base salary for medical, life, and dental insurance. His employer also contributes toward a retirement plan at a maximum of 8% of base salary. Assuming the consultants works 250 days per year and is productive for 81% of that time, his daily cost rate is closest to:

378

327

302

403