Cray-Z Consultants provides management accounting advice to not-for-profit firms. It employs three levels of consultants, based on experience and education: partner, senior, and associate. When Cray-Z considers bidding on jobs, 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 miscellaneous cost ). Next it applies a percentage to the total of consultant cost and miscellaneous cost for general and administrative (G&A) expense. The estimates for each of these elements are shown below:

Partner cost (per hour)   $500

Senior cost (per hour)   $200

Associate cost (per hour)   $90

G&A factor     180%

Required:

Rock City Museum (a not-for-profit) has approached Cray-Z for consulting services. The senior partner at Cray-Z estimates that the work will require 55 partner-hours, 210 senior hours,and 850 associate-hours. She estimates miscellaneous costs to be $27,000. What is the estimated cost of the consulting job, based on these estimates?

Partner cost            _______________

Senior cost              _______________

Associate cost         _______________

Miscellaneous cost   _______________

Estimated consultant & miscellaneous cost ______________

G&A cost                 _______________

Estimated costs        _______________