Professional Labor Cost 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 month ending January 31, 20Y7: Billable Hours Audit Department: Staff 33,900 Partners 5,100 Tax Department: Staff 25,100 Partners 3,100 Small Business Accounting Department: Staff 4,100 Partners 600 Based on the data provided above and assuming that the average compensation per hour for staff is $45 and for partners is $140, prepare a professional labor cost budget for each department for Rollins and Cohen, CPAS, for the month ending January 31, 20Y7. Rollins and Cohen, CPAS Professional Labor Cost Budget For the Month Ending January 31, 20Y7 Staff Partners Total Hours required for professional services