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The Waterston Group (WG) provides tax advice to multinational firms. WG charges clients for (a) direct professional time (at an hourly rate) and (b) support
The Waterston 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 as follows: (Click the icon to view the hourly rates.) WG has just prepared the bills for two clients. The hours of professional time spent on each client are as follows: (Click the icon to view the hours by client.) Read the requirements. Requirement 1. What amounts did WG bill to South Beach Dominion and Amsterdam Enterprises? 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. + ( X Question Viewer = Cost per professional
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