Audit Department:

Staff

$36,600$

Partners

$5,500$

Tax Department:

Staff

$27,800$

Partners

$3,500$

Small Business Accounting Department:

Staff

$4,400$

Partners

Based on the data provided above and assuming that the average compensation per hour for staff is $$40$ and for partners is $$135,$ prepare a professional labor cost

budget for each department for Rollins and Cohen, CPAs, for the month ending January $31,20Y7.$

Rollins and Cohen, CPAs

Professional Labor Cost Budget

For the Month Ending January $31,20Y7$