Carlos Consulting Inc. provides financial consulting and has collected the following data for the next year's budgeted activity for a lead consultant.
Consultants' wages $90,000
Fringe benefits $22,500
Related overhead $17,500
Supply clerk's wages $18,000
Fringe benefits $4,000
Related overhead $20,000
Profit margin per hour $20
Profit margin on materials 15%
Total estimated consulting hours 5,000
Total estimated material costs $168,000
The labor rate per hour is
a) $41.50.
b) $46.00.
c) $26.00.
d) $42.50.
Answer: b) $46.00.
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China is a permanent member of the Security Council of the United Nations
Indicate whether the statement is true or false
Use the earned value table to determine the estimated cost to completion given the indicated state of the project
Activity 5 10 15 20 25 30 35 Plan % Complete A 850 350 1,200 100% B 400 125 525 100% C 1,275 650 1,925 100% D 2800 4,500 350 7,650 95% E 680 400 1,080 75% F 125 875 1,000 80% G 300 1200 1,500 45% Monthly Plan 850 750 1,400 3,450 5,180 1,175 2,075 14,880 Monthly Act 900 650 1,350 3,875 4,780 850 2,000 A) $15,966 B) $16,235 C) $18,164 D) $17,441