ABC Consulting Firm is preparing its annual budget:

• Determine Service Revenue with expected billable hours of 10,000 at an average rate of $150 per hour.
• Assess SG&A expenses, including salaries and benefits of $800,000 and overhead costs amounting to $150,000.
• Calculate the Operating Income and propose strategies to increase billable hours by 15% through staff training and development.
• Analyze the impact of increased billable hours on profit margins.