Professional Fees Earned Budget Day & Spieth, CPAs, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year ending March 31, 20Y6:

Professional Fees Earned Budget Day & Spieth, CPAS, offer three types of services to clients: auditing, tax, and small business accounting. Based on experience and projected growth, the following billable hours have been estimated for the year ending March 31, 20Y6: Billable Hours Audit Department Small Business Accounting Department: 4,400 The average billing rate for staff is $145 per hour, and the average billing rate for partners is $265 per hour Prepare a professional fees eamed budget for Day & Spieth, CPAs, for the year ending March 31, 20Y6. DAY & SPIETH, CPAs Professional Fees Eamed Budget For the Year Ending March 31, 20Y6 Bilable Hours Houry Rate Total Revenue Audit Department: 31,5 4,700 36,20 Tax Department: 23,60 3,000 Small Business Accounting Departrment 4A0 5,000 Total professional fres carned Check My Work For each department and each labor category, multiply the billable hours by the hourly rate