The Wong Group (WG) provides tax advice to multinational firms. WG charges clients for (a) direct professional sme (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 loon 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 quirements Requirement 1. What amounts did WG bill to Southem Sun Dominion and Madrid Enterprises for May 20207 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 biled to Southem Sun Dominion and Madrid Enterprises for May 2020. Begin with Southern Sun Dominion Matthew Wong Alberta Brown Joseph Addessa Southern Sun Dominion Direct Amount Professional Support Billed to Costs Costs Client Total Requirements 1. What amounts did WG bid to Southern Sun Dominion and Madrid Enterprises for May 20207 2. 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. 3. How would you determine whether professional labor costs or professional labor-hours is the more appropriate allocation base for WG's support services? - X Data table Data table Professional Matthew Wong Alberta Brown Joseph Addesss Billing Rate per Hour 480 170 80 Hours per Client Professional Southem Sun Dominion Madrid Enterprises Wong 17 2 Brown 3 9 25 34 Addess 45 45 Total Print Done