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Bonita and Crede, CPAs, are preparing their service revenue (sales budget for the coming year (2022). The practice is divided into three departments: auditing,
Bonita and Crede, CPAs, are preparing their service revenue (sales budget for the coming year (2022). The practice is divided into three departments: auditing, tax, and consulting Billable hours for each department, by quarter, are provided below. Department Auditing Quarter 1 Quarter 21 Quarter 3 Quarter 4 2,090 1,430 1,800 2.170 Tax 2,700 1,960 1.800 2.250 Consulting 1350 1.350 1,350 1.350 Average hourly billing rates are auditing $80, tax $90, and consulting $110. Prepare the service revenue (sales) budget for 2022 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue BONITA AND CREDE, CPAs Service Revenue Budget Quarter 1 Quarter 2 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Billable Rate Total Rev. Auditing $ $ $ Tax Consulting Totals Quarter 3 Dept. Billable Hours Billable Rate Auditing $ Tax Consulting Totals BONITA AND CREDE, CPAS Service Revenue Budget Quarter 4 Total Rev. Billable Hours Billable Rate Total Rev. $ S Dept. Billable Hours Auditing Tax Consulting Totals BONITA AND CREDE, CPAS Service Revenue Budget Year Billable Rate Total Rev.
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