Answer
Direct-Cost Rate per Hour = $97,500 \div 1,500 $hours = 65 per hour
Work Step by Step
Budgeted Total Compensation per Professional $\div$ Budgeted Billable Hours per Professional
You can help us out by revising, improving and updating this answer.
Update this answerAfter you claim an answer you’ll have 24 hours to send in a draft. An editor will review the submission and either publish your submission or provide feedback.