In computing a management fee using the pricing worksheet, a manager determines that the total direct and indirect cost for all management activities for that property is $2,500 per month.

If the gross collectible income from the property is $50,000 per month and the manager needs an additional 30% of the direct costs to cover overhead and prot, what percentage fee should be charged?

a. 5%

b. 6.5%

c. 8%

d. 13%