The IT Departments budget next year is 3000000 County depart

The IT Department’s budget next year is $3,000,000. County departments will utilize a total of 30,000 hours of service time. How much should be billed for each service hour

Solution

Billing for each service hour

= Budgeted Activity / Budgeted hours of service

= $3,000,000 / 30,000

= $ 100 per hour