Question: help with all req pls Pinnacle Consulting employs two CPAs, each having a different area of specialization. Judy specializes in tax consulting and Steve specializes

 help with all req pls Pinnacle Consulting employs two CPAs, each

help with all req pls

Pinnacle Consulting employs two CPAs, each having a different area of specialization. Judy specializes in tax consulting and Steve specializes in management consulting. Pinnacle expects to incur total overhead costs of $580,300 during the year and applies overhead based on annual salary costs. Judy is a senior partner, her annual salary is $275,000, and she is expected to bill 2,200 hours during the year. Steve is a senior associate, his annual salary is $139,500, and he is expected to bill 1,800 hours during the year. Required: a. Calculate the predetermined overhead rate. b. Assuming that the hourly biling rate should be set to cover the total cost of services plus a 20% markup, compute the hourly billing rates for Judy and Steve. Complete this question by entering your answers in the tabs below. Calculate the predetermined overhead rate

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