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

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Lily 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, Quarter 1 Quarter 2 Quarter 3 Quarter 4 Department Auditing 2.590 1.730 2.200 2,670 Tax 3,300 2.360 2,200 2.750 Consulting 1.650 1,650 1,650 1,650 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, bilable hours, billable rate, and total revenue LILY AND CREDE, CPAS Service Revenue Budget Quarter 1 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ Tax Consulting Totals $ LILY AND CREDE, CPAS Service Revenue Budget er 1 Quarter 2 late Total Rev. Billable Hours Billable Rate Total Rev. $ $ $ $ $ LILY AND CREDE, CPAS Service Revenue Budget Quarter 3 Dept. Billable Hours Billable Rate Total Rev. Billable Hours Auditing $ $ Tax Consulting $ Totals LILY AND CREDE, CPAS Service Revenue Budget Year Dept. Billable Hours Billable Rate Total Rev. $ $ Auditing Tax Consulting Totals LILY AND CREDE, CPAS Service Revenue Budget Quarter 4 Total Rev. Billable Hours Billable Rate Total Rev. $ $ $ LILY AND CREDE, CPAS Service Revenue Budget Year Billable Hours Billable Rate Dept. Total Rev. $ Auditing Tax Consulting $ Totals

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