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: WG has just prepared the May 2017 bills for two clients. The hours of professional time spent on each client are as follows: Data table Data table Professional Billing Rate per Hour Hours per Client Montel Wong $ 480 Professional Springfield Dominion Frankfurt Enterprises Allison Brown Jack Anderson 170 Wong 30 4 60 Brown 6 16 44 60 Anderson 80 80 Total Requirement 1. What amounts did WG bill to Springfield 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 + ( Direct professional labor Support allocation rate) = Cost per professional 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 Frankfurt Enterprises Montel Wong Allison Brown $ Jack Anderson 1,020 2,640 14,400 $4,320 $ 306 Direct Amount Professional Support Billed to Costs Costs Client 18,720 Costs Direct Professional Support Costs Amount Billed to Client $ 1,920 $ 576 $ 2,496 792 1,326 3,432 2,720 816 3,536 3,600 1,080 4,680 Total $ 23,478 $ 10,712 Requirement 2. Suppose support services were billed at $55 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 2017? Comment on the differences between the amounts billed in requirements 1 and 2. Determine the formula needed to calculate the total cost per professional for each client when WG allocates support costs at $55 per professional labor-hour. (Abbreviations used: hrs. = hours.) Direct professional labor + ( Direct hrs. by professional x Support cost per hour = Cost per professional Complete the table below to determine what WG would have billed to Springfield Dominion and Frankfurt Enterprises for May 2017 if support services were billed at $55 per professional labor-hour (instead of 30% of professional labor costs). Begin with Springfield Dominion. Springfield Dominion Direct Amount Costs Professional Support Billed to Costs Client Montel Wong Allison Brown Jack Anderson Total