Webster and Jones are an advertising agency. The firm uses a job costing system in which each client is a different "job". The company traces direct labour, software licensing costs and travel costs directly to each job (client). It allocates indirect costs to jobs based on a predetermined overhead rate computed as a percentage of direct labour costs. At the beginning of the current year, managing partner Richard Latour prepared the following budget: Direct labour hours (professional) 8,000 hours Direct labour costs (professional) $1,600,000 Support staff salaries $190,000 Rent and utilities $ 41,000 Supplies $ 23,000 Lease payment on computer hardware $ 66,000 During January of the current year, 2023, Webster and Jones served several clients. Records for two clients appear as follows: GoVacation.com Harbour Golf resort Direct labour hours 760 hours 60 hours Software licensing costs $2,000 $150 Travel costs $9,000 $0 Required: 1.If Webster and Jones want to earn profits equal to 20% of sales revenue, how much (what total fee) should it charge each of these two clients? 2.Why does the company assign costs to jobs