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Homework: chapter 5 HW Score: 0 of 15 pts E5-20 (similar to) 1 of 6 (1 complete) HW Score: 1.89%, 2.37 of 125 pts Question
Homework: chapter 5 HW Score: 0 of 15 pts E5-20 (similar to) 1 of 6 (1 complete) HW Score: 1.89%, 2.37 of 125 pts Question Help The Wilmer Group (WG) provides tax advice to multinational firms. WG charges dients for (a) direct professional tmea 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: G has just prepared the May 2017 bills for two clients. The hours of professional time spent on each cient are as follows: EEB (Click the icon to view the hours by client.) Read the requirements. Ell (Click the icon to view the hourly rates.) Requirement 1. What amounts did WG bill to Sacramento Dominion and Bejing 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. Cost per Data Table Data Table Requirements Professional Billing Rate per Hour 550 210 80 Hours per Client What amounts did WG bill to Sacramento Dominion and Bejing Enterprises for May 2017? 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 2017? Comment on the differences between the amounts billed in requirements 1 and 2. How would you determine whether professional labor costs or professional labor-hours is the more appropriate allocation base for WG's support services? 1. Myron Wilmer Alison Brown John Amesbury Professiona Sacramento Dominion Wilmer Brown Bojing Entorprises 26 2. 14 52 70 39 3. Print Done 70 Total Print Done Print Done
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