Use the Information Below to Answer the Following Question(s)

question 8

Multiple Choice

Use the information below to answer the following question(s) .N-C Associates is in the process of evaluating its new client services for the business consulting division.Estate Planning, a new service, incurred $600,000 in development costs and employee training.The direct costs of providing this service, which is all labour, averages $100 per hour.Other costs for this service are estimated at $2,000,000 per year.The current program for estate planning is expected to last for two years.At that time a new law will be in place which will require new operating guidelines for the tax consulting.Customer service expenses average $400 per client, with each job lasting an average of 400 hours.The current staff expects to bill 40,000 hours for each of the two years the program is in effect.Billing averages $140 per hour.
-What is the N-C Associates' life-cycle budgeted revenue?

• A)$5,600,000
• B)$8,000,000
• C)$11,200,000
• D)$22,400,000
• E)$28,500,000

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Definitions:

Pleasure

A feeling of happiness, satisfaction, or enjoyment typically experienced from engaging in enjoyable activities or events.

Deep Ecology

is an environmental philosophy that promotes the inherent worth of living beings regardless of their instrumental utility to human needs, emphasizing the interconnectedness of all components of the natural environment.

Environmental Literacy

The understanding and knowledge of how individual actions affect the environment, enabling responsible decision-making.

Environmental Literacy

The understanding and knowledge of the crucial relationships between natural systems and human societies, enabling individuals to make informed decisions regarding the environment.