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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 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 Professional Billing Rate per Hour 460 170 90 Requirement 1. What amounts did WG bill to Sacramento Dominion and Amsterdam Enterprises? Determine the formula needed to calculate the total cost per professional for each client when WG allocates support costs at 30% of dire Direct professional labour + ( Support allocation rate x Direct professional labour) = Cost per professional Complete the table below to determine the amounts that WG billed to Sacramento Dominion and Amsterdam Enterprises. Begin with Sa Sacramento Dominion Max Wong Alice Bennet Joseph Alonso Direct Professional Support Costs Costs Amount Billed to Client Data table Max Wong Alice Bennet Joseph Alonso Total Print Done Hours per Client Professional Sacramento Dominion Amsterdam Enterprises Wong 24 3 Bennet 5 13 36 49 Alonso 65 65 Total Print Done
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