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The White Group (WG) provides tax advice to multinational firms. WG charges clients for (a) direct professional time (at an hourly rate) and (b) support
The White 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 May 2017 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 Frankfurt 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. Direct professional labor ( Support allocation rate * Direct professional labor ) = Cost per professional Complete the table below to determine the amounts that WG billed to South Beach Dominion and Frankfurt Enterprises for May 2017. Begin with South Beach Dominion. South Beach Dominion Direct Amount i Data Table Professional Support Costs Costs Billed to Client i Data Table Montel White Ann Borzi Professional Professional Billing Rate per Hour Jason Alonso White Hours per Client South Beach Dominion Frankfurt Enterprises 21 3 4 11 30 41 Montel White $ 520 Total Borzi 210 Ann Borzi Jason Alonso 80 Alonso 55 55 Total Print Done Print Done Enter any number in the edit fields and then click Check Answer. 2 6 Pertaining Clear All Check
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