Professional Fees Eamed Budget Day & Spleth, CPAS, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billele hours have been estimated for the year ending March 31, 2006 Billable Hours Audit Department: Stall 39,500 Partners 5.900 Tax Department Star 29,200 Partners 3.700 Small Business Accounting Department State 5.500 Partners 800 The average billing rate for staff is 5120 per hour, and the average biling rate for partners is $240 per hour Prepare a professional fees canned budget for Day & Spieth, CPAS, for the year ending March 31, 2016 The average billing rate for staff is $120 per hour, and the average billing rate for partners is $240 per hour. Prepare a professional fees earned budget for Day & Spieth, CPAs, for the year ending March 31, 2016. DAY & SPIETH, CPAS Professional Fees Earned Budget For the Year Ending March 31, 2016 Billable Hours Hourly Rate Total Revenue Audit Department Starr Partners Tax Department: Staff IDIO Partners Total Small Business Accounting Departments Stall Partners Tots Total professional fees earned