E5-20 (similar to) Question Help The Wright Group (WG) provides tax advice to multinational firms. WG charges clients for (a) direct professional time (at an hourly rate) and (b) support services (at 30% of the direct professional costs billed). The three professionals in WG and their rates per professional hour are as follows: (Click the icon to view the hourly rates.) WG has just prepared the May 2017 bills for two clients. The hours of professional time spent on each client are as follows: Click the icon to view the hours by client.) Read the requirements Requirement 1. What amounts did WG bill to South Beach Dominion and Frankfurt Enterprises for May 2017? Determine the formula nooded to calculate the total Bost per professional for each client when WG allocates support costs at 30% of direct professional costs. ) Cost per professional Choose from any drop-down list and then click Check Answer 7 parts Clear All Check Answer remaining ultinational firms. WG charges ly rate) and (b) support services he three professionals in WG and WG has just prepared the May 201 time spent on each client are as foli PR Click the icon to view the hours Data Table - X South he total co Billing Rate per Hour Art costs at 450 Professional Manny Wright Ann Benson Justin Atwood professiona 230 60 Print Done then click Check Answer. Clear All er 5 HW 1 of 6 (0 complete) vice to multinational firms. WG charges Lan hourly rate and (h) Sunport Services WG has just prepared the May 2017 bills fort time spent on each client are as followe: 0 Requirements pfd 1. What amounts did WG bill to South Beach Dominion and Frankfurt Enterprises for May 2017? 2. Suppose support services were billed at $40 per professional labor-hour (instead of 30% of professional labor costs). How would this change affect the amounts WG billed to the two clients for May 2017? Comment on the differences between the amounts billed in requirements 1 and 2. 3. How would you determine whether professional labor costs or professional labor-hours is the more appropriate allocation base for WG's support services? Print Done starta mert ovides tax advice to multinational firms. WG charges WG has just prepared the May 2017 bills for two clients. The sig SS i Data Table nou Bed Professional Hours per Client Springfield Dominion Ontario Enterprises professi White Brown Andover Total Print Print Done Done] -dov