The Wilmer Group $($WG$)$ provides tax advice to multinational firms. professional time $($at an hourly rate$)$ and $($b$)$ support services $($at $30$ costs billed$).$ The three professionals in WG and their rates per prot

Data table

Data table

$\backslash$table$[[$Professional$,$Billing Rate per Hour$],[$Matthew Wilmer,$$,620],[$Ann Bryant,,$160],[$Jesper Andover,,$90]]$

Print

Requirements

Done

What amounts did WG bill to South Beach Dominion and Dublin Enterprises for May $2020?$

Suppose support services were billed at $$60$ 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 $2020?$ 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$\text{'}$s support services?

Etext pages

Get moreThe Wilmer 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 $2020$ 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 equirements.

Requirement $1.$ What amounts did WG biil to South Beach Dominion and Dublin Enterprises for May $2020?$

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.

$+(,,)=\{\begin{array}{ccc}\text{:}[& \text{C}\text{o}\text{s}\text{t}\text{p}\text{e}\text{r}& ]\\ & \text{p}\text{r}\text{o}\text{f}\text{e}\text{s}\text{s}\text{i}\text{o}\text{n}\text{a}\text{l}& \end{array}$

NG bill to South Beach Dominion and Dublin Enterprises for May $2020?$ culate $t$

Data table

$\backslash$table$[[$Professional$,$Billing Rate per Hour,$],[$Matthew Wilmer,$$,620],[$Ann Bryant,$160,],[$Jesper Andover,$90,]]$

Print

Done

Data table

$\backslash$table$[[,$Hours per Client$],[$Professional$,$South Beach Dominion,Dublin Enterprises$],[$Wilmer$,28,4],[$Bryant$,6,15],[$Andover$,41,56],[$Total$,75,75]]$

Print