Woodrow Economic Advisors (WEA) is a for-profit consulting firm, which offers economic analyses and policy clients are charged a fasd fee negotiated at the beginning of the engagement. The Defense Division has only two clicnta. the US. Department of Deferse and the National Aeronautics and Space. Administration NASAI. Defense Dision bushess is charged based on the total costs folirect and indirect) of an engagement plus a 15 percent fee tprofit: During the planning process for the following year the controller at WEA has estimated costs for the two divisions. The controller expects indirect costs to total $6,420,000 next yeac. Revenues from Corporate clients next year are expected to be $3.5 million. Required: a. Suppose WEA chooses to allocate indirect cost based on direct cost. 1. What cost would be allocated to the two units (Commercial and Defense)? 2. What totat revenue would they expect to collect next year? b. Suppose WEA chooses to allocate indirect cost based on direct contract hours worked. 1. What cost would be allocated to the two units (Commercial and Defense)