Della Company employs two professional appraisers, each having a different specialty. Scott specializes in commercial appraisals, and Burt specializes in residential appraisals. The company expects total overhead costs of $360,000 during the year. The salaries andbillable hours of the two appraisers are expected to be as follows: Expected Salary Expected Hours Scott $100,000 2,500 hours Burt $80,000 2,000 hours Compute the overhead cost rate that should be used for each of the appraisers (based on the expected hours to be billed, with overhead cost rates varying in proportion to each appraiser’s compensation) to ensure that the total expected operating costs for the year will be recovered from clients. Scott, $80.00 per hour; Burt, $80.00 per hour Scott, $32.00 per hour; Burt, $48.00 per hour Scott, $200.00 per hour; Burt, $160.00 per hour Scott, $100.00 per hour; Burt, $80.00 per hour Scott, $50.00 per hour; Burt, $30.00 per hour Scott, $40.00 per hour; Burt, $40.00 per hour

John and daphne are saving for their daughter ellen's college education. ellen just turned 10 at (t = 0), and she will be entering college 8 years from now (at t = 8). college tuition and expenses at state u. are currently $14,500 a year, but they are expected to increase at a rate of 3.5% a year. ellen should graduate in 4 years--if she takes longer or wants to go to graduate school, she will be on her own. tuition and other costs will be due at the beginning of each school year (at t = 8, 9, 10, and 11).so far, john and daphne have accumulated $15,000 in their college savings account (at t = 0). their long-run financial plan is to add an additional $5,000 in each of the next 4 years (at t = 1, 2, 3, and 4). then they plan to make 3 equal annual contributions in each of the following years, t = 5, 6, and 7. they expect their investment account to earn 9%. how large must the annual payments at t = 5, 6, and 7 be to cover ellen's anticipated college costs? a. $1,965.21b. $2,068.64c. $2,177.51d. $2,292.12e. $2,412.76