Mcbride and associates employs two professional appraisers, each having a different specialty. debbie specializes in commercial appraisals and tara specializes in residential appraisals. the company expects to incur total overhead costs of $378,210 during the year and applies overhead based on annual salary costs. the salaries and billable hours of the two appraisers are estimated to be as follows: debbie tara annual salary $ 150,000 $ 81,000 billable hours 2,000 1,800 the accountant for mcbride and associates is computing the hourly rate that should be used to charge clients for debbie and tara’s services. the hourly billing rate should be set to cover the total cost of services (salary plus overhead) plus a 20 percent markup. required: (1) compute the predetermined overhead rate.(2) compute the hourly billing rate for debbie and tara. (do not round your intermediate calculations.)

Emily bought 200 shares of abc co. stock for $29.00 per share on 60% margin. assume she holds the stock for one year and that her interest costs will be $80 over the holding period. ignoring commissions, what is her percentage return (loss) on invested capital if the stock price went down 10%?

What is an example of a good stock to buy in a recession? a) cyclical stock b) defensive stock c) income stock d) bond

The struter partnership has total partners’ equity of $510,000, which is made up of main, capital, $400,000, and frist, capital, $110,000. the partners share net income and loss in a ratio of 80% to main and 20% to frist. on november 1, adison is admitted to the partnership and given a 15% interest in equity and a 15% share in any income and loss. prepare journal entries to record the admission of adison for a 15% interest in the equity and a 15% share in any income and loss under the following independent assumptions. (1) record the admission of adison with an investment of $90,000 for a 15% interest in the equity and a 15% share in any income and loss. (2) record the admission of adison with an investment of $120,000 for a 15% interest in the equity and a 15% share in any income and loss. (3) record the admission of adison with an investment of $80,000 for a 15% interest in the equity and a 15% share in any income and loss.