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What is the final fee to be charged for assignment

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Reference no: EM133183088

Question - The following information relates to a management consultancy organisation

Salary cost per hour for senior consultants: $40

Salary cost per hour for junior consultants: $25

Overhead absorption rate per hour applied to all hours: $20

The organisation adds 40% margin to total cost to arrive at the final fee to be charged to a client.

Assignment number 789 took 54 hours of a senior consultant's time and 110 hours of junior consultants' time.

What is the final fee to be charged for Assignment 789?

Reference no: EM133183088

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