Davis & Company is an architectural firm specialzing in home remodeling for private clients and Anno LaLonde hired Davis to desigh her kalchon romodeling. A total of 30 prefessichal new office bulidings for corporate clients. Datvis charges customers at a biling rate equal to 134% hours were incurred on this job. in addition, Lalonde's remodeling job required one of the of the client's iotal job cost. A client's total job cost is a combination of (1) prolessional time spent professionals to travel back and forth to her house for a fotal of 130 miles. The blueponts on the client (\$64 per hour cost of employing aach professional) and (2) operating overhead had to be copied four times because Latonde changed the plans sevtral fmes. in allocated to the clinnt's job. Davis allocates operating overhead to jobs based co prolessional addibion, 13 hours of secretarial time were used ining up the subcontractors for the job hours spent on the job. Davis estimates its five professionais will incur a total of 10,000 professional hours working on client jobs during the year. Read the reguitements. (Click stive icon to view the operating cost information.) Requirement 1. Calculato the current indirect cost alocation rate per professional hour, (Round your angwer lo the nearest cont.) The current indirect oost allocation rate per protessional hour is Data table All operating costs other than professional salaries (travel reimbursements, copy costs, secretarial salaries, office lease, and so forth) can be assigned to the three activities. Total activity costs, cost drivers, and total usage of those cost drivers are estimated as follows: Requirements 1. Calculate the current indirect cost allocation rate per professional hour. 2. Calculate the total amount that would be billed to LaLonde given the current costing structure. 3. Calculate the activity cost allocation rates that could be used to allocate operating overhead costs to client jobs. 4. Calculate the amount that would be billed to LaLonde using ABC costing. 5. Which type of billing system is more fair to clients? Explain