Exercise 20-34 (Algo) Direct labor budget for a service company LO A1 Render CPA is preparing direct labor budgets for the current year. The parthers budget billable hours for the year as follows. The company budgets $12 per hour to data-entry clerks, $44 per hour to audit personnel, $54 per hour to tax personnel, and $54 per hour to consulting personnel. Prepare a direct labor budget for this service company for the year. QS 20-16 (Algo) Selling expense budget LO P1 X-Tel budgets sales of $78,000 for Aprll, $156,000 for May, and $120,000 for June. Sales commissions are 10% of sales dollars and the company pays a sales manager a salary of $7,800 per month. Sales commissions and salarles are paid in the month Incurred. Prepare a selling expense budget for April, May, and June