eBook Print Item Professional Labor Cost Budget for a Service Company Rollins and Cohen, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year ending December 31, 2017: Billable Hours Audit Department: Staff 22,400 Partners 7.900 Tax Department: Staff 13,200 5,500 Partners Small Business Accounting Department: 3,000 Staff 600 Partners Based on the data provided above and assuming that the average compensation per hour for staff is $45 and for partners is $140, prepare a professional labor cost budget for each department for Rollins and Cohen, CPAS, for the year ending December 31, 2017, Rollins and Cohen, CPAS Professional Labor Cost Budget For the Year Ending December 31, 2017 Staff Partners Previous Check My Work 11 i inprogresse false Tax Department: Staff 13,200 Partners 5,500 Small Business Accounting Department: Staff 3,000 Partners 600 Based on the data provided above and assuming that the average compensation per hour for staff is $45 and for partners is $140, prepare professional labor cost budget for each department for Rollins and Cohen, CPAS, for the year ending December 31, 2017. Rollins and Cohen, CPAS Professional Labor Cost Budget For the Year Ending December 31, 2017 Staff Partners Audit department hours 22.400 7.900 Tax department hours 13,200 5,500 3.000 600 Small business accounting department hours Total hours X $ 0 X$ Average compensation per hour $ $ Total professional labor cost Pravid heck My Work