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 $$362,310$ 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 $ $157,920$ $ $83,620$

Billable Hours $2,1001,850$

The accountant for McBride and Associates is computing the hourly rate that should be used to charge clients for Debbie's and Tara$$s services. The hourly billing rate should be set to cover the total cost of services $($salary plus overhead$)$ plus a $25$ percent markup.

Compute the predetermined overhead rate.

Compute the hourly billing rates for Debbie and Tara.