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Last year, Smith and Jones CPAs had total customer-development-related overhead costs of $31,200. During that period, the firm had total revenue of $780,000. This year,
Last year, Smith and Jones CPAs had total customer-development-related overhead costs of $31,200. During that period, the firm had total revenue of $780,000. This year, Smith and Jones anticipates total customer-development-related overhead of $34,500. If Smith and Jones calculates this overhead using the same activity-based rate as it did last year, how much total revenue does the firm expect for the year ahead? |
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