Professional Fees Earned Budget for a Service Company Rollins and Cohen, 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 December 31, 2048: The average billing rate for staff is 5145 per hour, and the average billing rate for partners is $265 per hour. Prepare a professional fees earned budget for Rollins and Cohen, CPAS, for the year ending December 31, 2018