Question: Please complete requirements 1,2, and 3. = Homework: Project Question 2, E5-20 (book... Part 2 of 8 HW Score: 0.78%, 1.18 of 150 points Points:

Please complete requirements 1,2, and 3. = Homework: Project Question 2, E5-20Please complete requirements 1,2, and 3.

= Homework: Project Question 2, E5-20 (book... Part 2 of 8 HW Score: 0.78%, 1.18 of 150 points Points: 1.18 of 20 Save The Walliston 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: E: (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 San Antonio Dominion and Amsterdam Enterprises for May 2017? Determine the formula needed to calculate the total cost per professional for each client when WG allocates support costs at 30% of direct professional costs Direct professional labor + ( Support allocation rate Direct professional labor ) = Cost per professional Complete the table below to determine the amounts that WG billed to San Antonio Dominion and Amsterdam Enterprises for May 2017. Begin with San Antonio Dominion. San Antonio Dominion Direct Requirements Data table Amount Billed to Professional Support Costs Costs Client Professional Max Walliston Alexa Boutin Billing Rate per Hour $ 640 Max Walliston 220 1. What amounts did WG bill to San Antonio Dominion and Amsterdam Enterprises for May 2017? 2. Suppose support services were billed at $75 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? Alexa Boutin Jacob Abbington Jacob Abbington 100 Total Data table Print Done Professional Hours per Client San Antonio Dominion Amsterdam Enterprises 26 4 Walliston Boutin 5 14 39 52 Abbington 70 70 Total

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