Maurice Tutor

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    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 11 Jun 2017 My Price 9.00

managing director of a consulting group

The managing director of a consulting group has the following monthly data on total overhead costs and professional labor hours to bill to clients:

 

 

Total

Billable

$340,000

3,000

$400,000

4,000

$435,000

5,000

$477,000

6,000

$529,000

7,000

$587,000

8,000

 

 

Develop a regression model to identify the fixed overhead costs to the consulting group.

 

a. What is the constant component of the consultant group’s overhead?

 

b. If a special job requiring 1,000 billable hours that would contribute a margin of $38,000 before overhead was available, would the job be attractive?

Answers

Maurice Tutor
(5)
Status NEW Posted 11 Jun 2017 08:06 PM My Price 9.00

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