Business, 27.05.2020 15:58 shaylawymannnnn

Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing2,5401,9302,2002,740 Tax3,3302,5102,1102,780 Consulting1,7301,7301,7301,730 Average hourly billing rates are auditing $83, tax $95, and consulting $103. Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue.

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Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020)...

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