Realization Problem (15 total points) Great-Company Consulting Agency has an annual revenue of $700,000. Assuming 2000...

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Realization Problem (15 total points) Great-Company Consulting Agency has an annual revenue of $700,000. Assuming 2000 available billable hours per person. Based upon that and using the table below, please calculate the realization rate for Great-Company Consulting Agency. A Practice of Rate $85/hour 1 Associate Consultant (50% utilized) 3 Staffs Consultant (60%) $125/hour 1 Senior Consultant (70%) $150/hour 1 Manager (25%) $175/hour Modeling Your Consulting Practice Rates (15 total points) Great Consulting Company's Consultant and Rate Structure Consultant Name Role Rate/Hour Pam Rickford Application Consultant $175 Eric Malone Development Consultant $175 Bill Hoper Application Consultant $150 Gerry Manley Development Consultant $150 Betsy Lange Development Consultant $150 Travis Brown Application Consultant $125 Andrea Rexin Application Consultant $125 1. What is the average rate (5 Points)? 2. Great Consulting Company calculates their consults' year based upon 2080 available hours. Within this in mind, how many hours do they have available to bill total for the year given their current staff? (5 Points) 3. If they were all 70% utilized this year, what would be the total hours billed? (5 Points CS Scanned with CamScanner Realization Problem (15 total points) Great-Company Consulting Agency has an annual revenue of $700,000. Assuming 2000 available billable hours per person. Based upon that and using the table below, please calculate the realization rate for Great-Company Consulting Agency. A Practice of Rate $85/hour 1 Associate Consultant (50% utilized) 3 Staffs Consultant (60%) $125/hour 1 Senior Consultant (70%) $150/hour 1 Manager (25%) $175/hour Modeling Your Consulting Practice Rates (15 total points) Great Consulting Company's Consultant and Rate Structure Consultant Name Role Rate/Hour Pam Rickford Application Consultant $175 Eric Malone Development Consultant $175 Bill Hoper Application Consultant $150 Gerry Manley Development Consultant $150 Betsy Lange Development Consultant $150 Travis Brown Application Consultant $125 Andrea Rexin Application Consultant $125 1. What is the average rate (5 Points)? 2. Great Consulting Company calculates their consults' year based upon 2080 available hours. Within this in mind, how many hours do they have available to bill total for the year given their current staff? (5 Points) 3. If they were all 70% utilized this year, what would be the total hours billed? (5 Points CS Scanned with CamScanner

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Expected consulting revenue was 1570000 how ever on given realizatio... View the full answer