The pictures came in backwards but can someone help me determine the correct responses to the requirements?
Grady and Associates performs a variety of activities related to information systems and ecommerce consulting in Toronto, Canada. The firm, which bills $160 per hour for services performed, is in a very tight local labor market and is having difficulty finding quality help for its overworked professional staff. The cost per hour for professional staff time is $70. Selected information follows. . Billable hours to clients for the year totaled 8,000, consisting of information systems services, 4,800; ecommerce consulting, 3,200. . Administrative cost of $411,760 was (and continues to be) allocated to both services based on billable hours. These costs consist of staff support, $220,200; inhouse computing, $155,000; and miscellaneous office charges, $36,560. A recent analysis of staff support costs found a correlation with the number of clients served. lnhouse computing and miscellaneous office charges varied directly with the number of computer hours logged and number of client transactions, respectively. A tabulation revealed the following data: Information ECommerce Systems Services Consulting Total Number of clients 245 65 310 Number of computer hours 3 , 600 2 , 300 5 , 900 Number of client transactions 680 820 1,500 Required: 2. Assume that the firm uses traditional costing procedures, allocating total costs on the basis of billable hours. Determine the profitability of the firm's information systems and ecommerce activities, expressing your answer both in dollars and as a percentage of activity revenue. 3. Assume that the rm uses activitybased costing. Determine the profitability of the rm's ecommerce and information systems activities, expressing your answer both in dollars and as a percentage of activity revenue. 4. Jeffrey Grady, one ofthe firm's partners, doesn't care where his professionals spend their time because, as he notes, \"many clients have come to expect both services and we need both to stay in business. Also, information systems and ecommerce professionals are paid the same hourly rate.\" Should Grady's attitude change? Required 2 Required 3 Required 4 Assume that the firm uses traditional costing procedures, allocating total costs on the basis of billable hours. Determine the profitability of the firm's information systems and e-commerce activities, expressing your answer both in dollars and as a percentage of activity revenue. (Do not round intermediate calculations. Round "Profitability" to 2 decimal places.) Department Total Billings Income Profitability Information systems services % E-commerce consulting %Required2 Required3 Required4 Assume that the rm uses activity-based costing. Determine the protability of the rm's e-commerce and information systems activities, expressing your answer both in dollars and as a percentage of activity revenue. (Round intermediate calculations and final answers to 2 decimal places.) Information systems services E-commerce consulting
