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 supply costs |
$168,000 |