Business, 14.02.2020 02:47 iliketurtures

Twain Services offers leadership training for local companies. It employs three levels of seminar leaders, based on experience, education, and management level being targeted: guru, mentor, and helper. When Twain bids on requests for seminars, it estimates the costs using a set of standardized billing rates. It then adds an estimate for travel, supplies, and so on (referred to as out-of-pocket costs). Next it applies a percentage to the total of seminar leader cost and out-of-pocket cost for general and administrative (G&A) expense. The estimates for each of these elements are shown as follows.
Guru cost (per hour) $ 800
Mentor cost (per hour) $ 500
Helper cost (per hour) $ 75
G&A factor 150 %
Required:
1. Marcus Foundries has asked Twain for a set of seminars for managers at several levels. The bidding manager at Twain estimates that the work will require 35 guru-hours, 170 mentor-hours, and 500 helper-hours. She estimates out-of-pocket costs to be $33,000. What is the estimated cost of the proposed seminars, based on these estimates?
a. GURU COST?
b. MENTOR COST?
c. HELPER COST?
d. OUT OF POCKET COST?
e. ESTIMATED CONSULTANT AND MISC COST?
f. G&A COST?
g. ESTIMATED COST?

Answers: 1

Show answers

Another question on Business

Business, 22.06.2019 13:10

Paid-in-capital in excess of par represents the amount of proceeds a. from the original sale of common stock b. in excess of the par value from the original sale of common stock c. at the current market value of the common stock d. at the curent book value of the common stock

Answers: 1

Answer

Business, 22.06.2019 15:20

Abank has $132,000 in excess reserves and the required reserve ratio is 11 percent. this means the bank could have in checkable deposit liabilities and in (total) reserves.

Answers: 3

Answer

Business, 22.06.2019 20:40

Consider an economy where the government's budget is initially balanced. the production function, consumption function and investment function can be represented as follows y equals k to the power of alpha l to the power of 1 minus alpha end exponent c equals c subscript 0 plus b left parenthesis y minus t right parenthesis i equals i subscript 0 minus d r suppose that taxes increase. what happens to the equilibrium level of output?

Answers: 1

Answer

Business, 23.06.2019 03:20

You would like to compare your firm's cost structure to that of your competitors. however, your competitors are much larger in size than your firm. which one of these would best enable you to compare costs across your industry? common-size income statement. pro forma balance sheet. statement of cash flows. common-size balance sheet

Answers: 3

Answer

You know the right answer?

Twain Services offers leadership training for local companies. It employs three levels of seminar le...

Questions