Budgetary planning (cost account)

Question Two: Ben & Jerry, CPAs, are preparing their sales budget for the coming year (2025). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Auditing Tax Consulting Quarter 1 3.200 3.500 1,400 Quarter 2 1,800 2,100 1,700 Quarter 3 3,000 3,500 2,200 Quarter 4 2.100 2.200 1,800 Average hourly billing rates are auditing OMR65, tax OMR85, and consulting OMR120. Required Prepare the sales budget for 2025 by listing the departments and showing for each quarter and the year in total, billable hours, billable rate, and total revenue. A template has been provided for you to answer the question. Total: 18 marks Answer: Ben & Jerry, CPAS Sales Budget For the Year Ending December 31, 2025 Quarter 1 Balable Billable Total Quarter 2 Bilable Billable Quarter 3 Bilable Billabl Quarter 4 Billable Bilable Total Year Bilable Billable Total Total Total Dept. Hours Hours Hours Hours Hours Rate Rev (OMR) (OMR) Rate Rev (OMR) (OMR) Rate Rev (OMR) (OMR) Rate Rev. (OMR) (OMR) Rate Rev (OMR) (OMR) Auditing Tax Consulting Totals Notes