While creating the budget for your proposal to paint dorm rooms over the summer, you used the going rate for your area, or $25 an hour. However, as you're preparing to fax the proposal by the 5 p.m. deadline, you're told there may be students looking for summer employment and willing to work for $17 an hour. What should you do?
A) Revise your proposal's budget to reflect the lower rate because this will make your proposal more competitive.
B) Leave the budget at $25 an hour, even though you might be able to charge less.
C) Submit the average of $17 an hour and $25 an hour.
D) Hold up submitting the proposal until you can get a definitive answer.
E) None of the above.

Question

Quizplus · Accepted Answer

Leaving the budget at $25 an hour ensures you cover potential costs without relying on uncertain lower-wage labor, maintaining professionalism and financial safety.

While Creating the Budget for Your Proposal to Paint Dorm