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Question 8 (4 points) Listen I have lots of work and just moved to an office and hired a new employee to help so I

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Question 8 (4 points) Listen I have lots of work and just moved to an office and hired a new employee to help so I need to update my job costs. I pay myself $60,000 a year and the new employee $40,000 including all payroll costs and benefits. I assume I will have 1500 billable hours a year for me and the employee 2000 with the rest administration. With the new office out overhead costs have increased as well to $125,000 a year. What rate would I use for my hourly cost and for the employees hourly cost and what will we add to cover overhead. Question 9 (4 points) Listen Using the information for the question before - how much is the cost of a job that will take 25 hours of my time and 75 hours of my employee's time, plus $2,000 in direct material bought specifically for this job. Question 7 (3 points) Listen I am the only employee of my events business - I pay myself 46,000 a year including payroll taxes and benefits. I am aiming for 1500 billable hours this year. My overhead costs are low as I work from home at only $15,000 a year. What would my estimated costs be for a job I expect to take 120 hours be. Question 6 (2 points) Listen A marketing proposal for $15,000 sounds very interesting. I have variable costs of 35%. How much new sales would I need to get to recover my investment 3 times (ie $45,000) A/ Question 5 (2 points) Listen I made a profit of $63,000 last year, with fixed costs of $35,000 and variable costs of 44%. How much was my sales

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