GBC Accounting & Tax Consultants Professional Corp, provides tax and accounting professional services to small and medium sized businesses.

Clients are billed on the basis of the individual accountant's hourly rate, plus 40% of the professional rate to account for support services [Tax research, Report preparation, Computer time, Billing etc]

Following is the detail for the most recent month:

ProfessionalBillingrate/hourHours per Client File:

LardnerIncWarden CoAlberta Co

DMork$25015hrs10hrs14hrs

LChu15015 hrs13hrs12hrs

OCarter9512hrs13hrs15hrs

Required:

Part 1Prepare the bill for each of the clients listed above from the information provided

PartIIThe firm is desirous of providing more detail to clients along with the current method of billing, and would like to determine what are appropriatecost driversto use in determining indirect costs.

Briefly, suggest the kind of detail that should be included, and alternative allocation bases that would be useful to the clients in this situation