You are project manager for an organizational restructuring project with a team of 7 consultants. The goal of the current phase is to develop 105 job descriptions within 7 business days. That means, the goal is to develop 15 job descriptions each day. Based on the burden rate of your consultants, it costs $100 to develop one job description. At the end of the 4th day, your team has worked the equivalent of $5,500 to develop 45 job description. What is the actual cost on day 4