Question: Using the data below, create a worksheet clearly including all data and showing you work (display formulas). calculations to answer the following the questions: **
| Using the data below, create a worksheet clearly including all data and showing you work (display formulas). | |||
| calculations to answer the following the questions: | |||
| ** What is your companys wrap rate? | |||
| ** For each labor category, What is the bill rate with no fee? | |||
| **For each labor category, what is the bill rate with a 9.5% fee? | |||
| Company Staff | |||
| 6 Network Engineers that make an average of $91,000 per year | |||
| 6 Network Administrators that make an average of $55,580 per year | |||
| 1 Office Manager that makes $55,550 per year | |||
| 1 Corporate Recruiter that makes $65,000 per year | |||
| 2 Business Analysts that make an average of $85,300 per year | |||
| 1 CEO that makes $165,500 per year | |||
| 1 Project Manager that makes $120,250 per year | |||
| Company Expenses: | |||
| Health Insurance $197,500 | |||
| Employee Education Reimbursement $17,250 | |||
| Accounting System Licenses $5,000 | |||
| Employee Spot Awards (Bonuses) $6,250 | |||
| Christmas Party Bar Tab $2,000 | |||
| Office Space for Corporate Officers $15,000 | |||
| Office Space for Engineer Team $50,000 | |||
| Corporate Legal Services $10,000 |
| Labor Category | Salary | # of Employees | Total Salary | Salary Per Hour | Direct Labor Cost | Fringe Cost | # of FTE | Total Direct Labor Cost | Total Fringe Cost |
| Network Engineer | $ 91,000.00 | $ 6.00 | $ 546,000.00 | $ 262.50 | $ 493,500.00 | $ 52,500.00 | $ - | $ - |
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