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Lewis and Lee, CPAs, are preparing their service revenue (sales) budget for the coming year (2022). The practice is divided into three departments: auditing, tax,

Lewis and Lee, 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 here. Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,668 1,856 2.320 2,784 Tax 3,480 2,552 2.320 2.900 Consulting 1,740 1,740 1,740 1,740 Average hourly billing rates are auditing $100, tax $108, and consulting $124. 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. Dept. Billable Hours Auditing Tax Consulting Totals $ LEWIS AND LEE, CPAS Service Revenue Budget Quarter 1 Billable Rate Total Rev. Billable Hours $ LEWIS AND LEE, CPAS Service Revenue Budget Quarter 3 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ $ Tax Consulting Totals Dept. Billable Hours Auditing Tax Consulting Totals LEWIS AND LEE, CPAS Service Revenue Budget $ Year Billable Rate $ $ Total Rev

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