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Sheffield Corp. provides financial consulting and sells its own line of financial planners and budgeting products. The company has collected the following data for

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Sheffield Corp. provides financial consulting and sells its own line of financial planners and budgeting products. The company has collected the following data for the next year's budgeted activity for a lead consultant and the supplies clerk. Consultants' wages $77000 Benefits $23500 Related overhead $22500 Clerk's wages $19000 Benefits $3000 Related overhead $30000 Profit margin per hour $20 Profit margin on materials 15 % Total estimated consulting hours Total estimated material costs 5000 $180000 If a consulting job takes 20 hours of consulting time and $180 of materials, the client's bill would be $1151. O $1072. $931. $751.

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