Question
Current Attempt in Progress Sheffield and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2022). The practice is divided into
Current Attempt in Progress Sheffield 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 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,990 1,970 2,520 3,070 Tax 3,780 2,680 2,520 3,150 Consulting 1,890 1,890 1,890 1,890 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,
SHEFFIELD AND CREDE, CPAs Service Revenue Budget Quarter 3 \begin{tabular}{|c|c|c|c|c|c|} \hline Dept. & Billable Hours & & Billable Rate & & Total Rev. \\ \hline Auditing & & $ & & $ & \\ \hline Tax & & & & & \\ \hline Consulting & & & & & \\ \hline Totals & & & & $ & \\ \hline \end{tabular} 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
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