Make the service revenue sales budget for 2012 by listing

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Garza and Neely, CPAs, are preparing their service revenue (sales) budget for the coming year (2012). 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

Auditing

 

2,540

 

1,860

 

2,360

 

2,550

Tax

 

3,180

 

2,780

 

2,160

 

2,880

Consulting

 

1,770

 

1,770

 

1,770

 

1,770

Average hourly billing rates are: auditing $81, tax $95, and consulting $101.

Prepare the service revenue (sales) budget for 2012 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue.

Reference no: EM13392146

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