Jerome Erickson is a retired school district administrator who now works as a consultant specializing in hiring administrators for school districts....
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Jerome Erickson is a retired school district administrator who now works as a consultant specializing in hiring administrators for school districts. Jerome used to charge a flat fee of $5500 for each
administrator hired, but decided to develop a new pricing structure, as shown in the table. Carol Ferguson is an overworked accounting clerk in a small school district. She sits at her desk, reviewing
the pricing structure in the brochure from Erickson Consulting. She knows that Mr. Erickson is one of the most highly regarded educational consultants in the state but is not sure that the district can
afford him. The school board had voted to budget $5000 for the district administrator search, based on Carol's recommendation. Complete parts 1.-4. below.
Click the icon to see Jerome Erickson's pricing structure.
O C. Total payment =$1400 + $125 + $125 + ($15x number of applicants) + ($125 x number of preliminary interviews) + ($175 x number of final interviews)
D. Total payment = $1400 + ($125 x contract review hours) + ($125 x contract formulation hours) + ($15 x number of applicants) + $125 + $175
2. Carol presumes that there will be approximately 90 applicants, 10 preliminary interviews, and 4 final interviews. Using her numbers, what is the maximum that the district will have to pay Mr.
Erickson?
More Info
- X
$
Due at signing:
$1400
Enter your answer in the answer box and then click Check Answer.
Contract review:
$125 per hour capped at 8 hours
Contract formulation:
$125 per hour capped at 12 hours
2
parts
Applicant screening:
$15 per applicant
remaining
Preliminary interviews:
$125 per interview
Final interviews:
$175 per interview

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