Sheffield Corp. provides financial consulting and has collected the following data for the next years budgeted activity for a lead consultant.

Consultants wages	$ 100000
Fringe benefits	$ 32500
Related overhead	$ 27500
Supply clerks wages	$ 17500
Fringe benefits	$ 3000
Related overhead	$ 19000
Profit margin per hour	$ 20
Profit margin on materials	15%
Total estimated consulting hours	5000
Total estimated material costs	$ 158000

A consulting job takes 20 hours of consulting time and $ 180 of materials. The clients bill would be

$ 1292.

$ 1220.

$ 1072.

$ 892.