Question
The Wong Group (WG) provides tax advice to multinational firms. WG charges clients for (a) direct professional time (at an hourly rate) and (b)
The Wong 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. Data table Data table Hours per Client Professional Billing Rate per Hour Professional Springfield Dominion Frankfurt Enterprises Montel Wong Allison Brown $ 480 Wong 30 4 170 Brown 6 16 Jack Anderson 60 44 60 Anderson 80 80 Total Complete the table below to determine the amounts that WG billed to Springfield Dominion and Frankfurt Enterprises for May 2017. Begin with Springfield Dominion. Springfield Dominion Direct Amount Costs Professional Support Billed to Costs Client Montel Wong Allison Brown Jack Anderson Total
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