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Progress Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments:

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Progress Thome and Crede, CPAs, are preparing their service revenue (sales) budget for the coming year (2020). The practice is divided into three departments: auditing, tax, and consulting. Billable hours for each department, by quarter, are provided below. Department Quarter 1 Quarter 2 Quarter 3 Quarter 4 Auditing 2,360 1.760 2,230 2,590 Tax 3.180 2.560 2,130 2.860 Consulting 1,770 1,770 1,770 1,770 Average hourly billing rates are auditing $83, tax $94, and consulting $104. Prepare the service revenue (sales) budget for 2020 by listing the departments and showing for each quarter and the year in total. billable hours, billable rate, and total revenue.

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