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Jane Maxwell Is a Financial Planner at Trifle Consulting

question 79

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Jane Maxwell is a financial planner at Trifle Consulting. Jane's annual salary (including on-costs) is $100 000. It is estimated she works 37 hours a week and 45 weeks per year (the other weeks relate to annual leave and public holidays) . She also spends 100 hours a year on non-client related work, including administrative duties (30 hours) , attending training (60 hours) and idle time (10 hours) . To cover both overhead costs and profit, Trifle Consulting requires a margin of 30 per cent of labour cost when calculating billable rate. What is Jane's chargeout rate per billable hour (rounded to nearest dollar) ?

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Definitions:

Mode

The value that occurs most frequently in a given data set.

Lopsided

Uneven or unbalanced, often referring to situations or structures that are disproportionately weighted to one side.

Scores

Quantitative measures or qualitative assessments used to represent an individual's performance, achievement, or capability in a specific domain.

Extreme

A condition, situation, or attribute that is far beyond the norm or average, often used in psychological studies to describe outlier behaviors or conditions.

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