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Carlos Consulting Inc

question 105

Multiple Choice

Use the following information for questions
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\begin{array} { c l } \text { Consultants' wages } & \$ 90,000 \\\text { Fringe benefits } & \$ 22,500 \\\text { Related overhead } & \$ 17,500 \\\text { Supply clerk's wages } & \$ 18,000 \\\text { Fringe benefits } & \$ 4,000 \\\text { Related overhead } & \$ 20,000 \\\text { Profit margin per hour } & \$ 20 \\\text { Profit margin on materials } & 15 \% \\\text { Total estimated consulting hours } & 5,000 \\\text { Total estimated material costs } & \$ 168,000\end{array}
-The labor rate per hour is


Definitions:

Job Performance

The extent to which an individual executes their job duties and responsibilities effectively.

Positive Emotions

Feelings that are generally considered beneficial for well-being and happiness, such as joy, gratitude, and contentment.

Tolerate Pain

The ability or capacity to endure discomfort or suffering.

Organizational Commitment

The psychological attachment or loyalty of an employee towards their employer or organization.

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