subject
Business, 12.07.2019 00:30 Jaylanbeadles

The walliston 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:
professional billing rate per hour max
walliston $640
alexa boutin 220
jacob abbington 100
wg has just prepared the may 2011 bills for two clients.
the hours of professional time spent on each client are as follows:
professionnal san antonio dominion amsterdam enterprises
wilmer 21 3
bennet 4 11
amesbury 30 41
total 55 55
1. what amounts did wg bill to san antonio dominion and amsterdam enterprises for may?
2. suppose support services were billed at $75 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? comment on the differences between the amounts billed in requirements 1 and 2.
3. how would you determine whether professional labor costs or professional labor-hours is the more appropriate allocation base for wg?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 21:00
In order to minimize project risk which step comes after the step of identifying risks
Answers: 1
question
Business, 22.06.2019 10:30
The rybczynski theorem describes: (a) how commodity price changes influence real factor rewards (b) how commodity price changes influence relative factor rewards. (c) how changes in factor endowments cause changes in commodity outputs. (d) how trade leads to factor price equalization.
Answers: 1
question
Business, 22.06.2019 15:00
Which of the following characteristics are emphasized in the accounting for state and local government entities? i. revenues should be matched with expenditures to measure success or failure of the government entity. ii. there is an emphasis on expendability of resources to accomplish objectives. a. i only b. ii only c. i and ii d. neither i nor ii
Answers: 2
question
Business, 22.06.2019 17:30
Costco wholesale corporation operates membership warehouses selling food, appliances, consumer electronics, apparel and other household goods at 471 locations across the u.s. as well as in canada, mexico and puerto rico. as of its fiscal year-end 2005, costco had approximately 21.2 million members. selected fiscal-year information from the company's balance sheets follows. ($ millions). selected balance sheet data 2005 2004 merchandise inventories $4,015 $3,644 deferred membership income (liability) 501 454 (a) during fiscal 2005, costco collected $1,120 cash for membership fees. use the financial statement effectstemplate to record the cash collected for membership fees. (b) in 2005, costco recorded $46,347 million in merchandise costs (that is, cost of goods sold). record thistransaction in the financial statement effects template. (c) determine the value of merchandise that costco purchased during fiscal-year 2005. use the financial statementeffects template to record these merchandise purchases. assume all of costco's purchases are on credit.
Answers: 3
You know the right answer?
The walliston group (wg) provides tax advice to multinational firms. wg charges clients for (a) dire...
Questions