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Emil's client agrees to pay only part of the costs for the necessary software for the project (see the following counteroffer). Emil found that he could absorb $4,500 of the cost by using the software on another project. If he needs to make a profit of at least $2,000 on the project, can he accept the client's counteroffer?ConsultantAgreementThe following rates apply to the project Project Manager:$105/hr24 hrs$2,520 Senior Technician:$90/hr30 hrs$2,700 Junior Technician:$55/hr50 hrs$2,750 Accounting:$60/hr4 hrs$240 Software purchase:$8,750 $3,000TOTAL$16,960 $11,210

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Use the graphics below to answer the following 2 questions:
 

Consultant Agreement
The following rates apply to the project  
Project Manager: $105/hr
Senior Technician: $90/hr
Junior Technician: $55/hr
Accounting: $60/hr
Software purchase: $8,750


image_013_016.png
image_013_017.png
 


Emil's client agrees to pay only part of the costs for the necessary software for the project (see the following counteroffer). Emil found that he could absorb $4,500 of the cost by using the software on another project. If he needs to make a profit of at least $2,000 on the project, can he accept the client's counteroffer?<br><table border='0' cellpadding='0' cellspacing='0'><tbody><br><tr><br><td>Consultant<br>Agreement<br></td><br></tr><br><tr><br><td><i>The following rates apply to the project</i><br></td><br><td> </tr><br><tr><br><td>Project Manager:<br></td><br><td>$105/hr<br></td><br><td>24 hrs<br></td><br><td>$2,520 <br></td><br></tr><br><tr><br><td>Senior Technician:<br></td><br><td>$90/hr<br></td><br><td>30 hrs<br></td><br><td>$2,700 <br></td><br></tr><br><tr><br><td>Junior Technician:<br></td><br><td>$55/hr<br></td><br><td>50 hrs<br></td><br><td>$2,750 <br></td><br></tr><br><tr><br><td>Accounting:<br></td><br><td>$60/hr<br></td><br><td>4 hrs<br></td><br><td>$240 <br></td><br></tr><br><tr><br><td>Software purchase:<br></td><br><td><td><td>$8,750        $3,000<br></td><br></tr><br><tr><br><td>TOTAL<br></td><br><td><td><td>$16,960    $11,210<br></td><br></tr><br></tbody></table><br>






 
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