Professional Labor Cost Budget Sadie & Chipper, 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, 2046: Billable Hours Audit Department: Staff 25,000 Partners 5,000 Tax Department: Staff 37,500 Partners 8,000 Small Business Accounting Department: Staff 10,000 Partners 2,000 Assume that the average compensation per hour for staff is $36 and for partners is $300. Prepare a professional tabor cost budget for Sadie & Chipper, CPAs, for the year ending March 31, 2016. Enter all amounts as positive numbers. SADIE & CHIPPER, CPAS Professional Labor Cost Budget Partners Total SADIE & CHIPPER, CPAS Professional Labor Cost Budget For the Year Ending March 31, 2016 Staff Audit Department hours Tax Department hours Small Business Accounting Department hours Total hours Average compensation per hour Total professional labor cost