Bonpoc 36 : 30,00 The Wolfson 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: Professional Billing rate per hour Myron Wolfson $500 Ann Brown $120 John Andersen $80 WG has just prepared the May 2019 bills for two clients. The hours of professional time spent on each client are as follows: Professional Seattle Dominion Tokyo Entreprises (hours per client) (hours per client) Wolfson 15 Brown 3 8 Anderson 22 30 40 Total 40 Instructions: 1. What amounts did WG bill to Seattle Dominion and Tokyo Enterprises for May 2019? (10 points worth); 2. Suppose support services were billed at $50 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 2019? Comment on the differences between the amounts billed in requirements 1 and 2 (10 points worth); 3. How would you determine whether professional labor costs or professional labor- hours is the more appropriate allocation base for WG's support services? (10 points worth)